Podgorica, (MINA-BUSINESS) – Interest from small and medium-sized enterprises (SMEs) in the credit line provided to Addiko Bank by the European Bank for Reconstruction and Development (EBRD) is traditionally high, and the funds will be available to clients once technical procedures are completed, the bank said.

“Interest from SMEs in this type of financing is traditionally high, especially in the context of the growing need for digital transformation, improved operational efficiency, and enhanced competitiveness,” Addiko Bank told Mina-business agency.

Its representatives said that they expect a strong response from companies across a wide range of sectors, particularly those looking to introduce advanced digital and “green tech” solutions into their operations.

In late February, the EBRD extended a €2 million loan to Addiko Bank to support SMEs in Montenegro. The funds, provided under one of the EBRD’s flagship programmes, Go Digital in the Western Balkans, co-financed by the European Union (EU), will be made available to clients immediately after the completion of technical procedures.

Addiko Bank explained that micro, small, and medium-sized enterprises must meet SME eligibility criteria to qualify for loans under the Go Digital programme. This means the planned funds must be used for eligible investments within the programme (digitalisation and/or automation), and companies must pass the bank’s standard credit assessment in line with internal rules and regulatory requirements.