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27. March 2003 - Thursday |
KfW to increase credit fund for Serbia by another 15 million euros
BELGRADE - National Bank of Serbia (NBS) Governor Mladjan Dinkic and a German business delegation, headed by Minister of Economic Cooperation and Development Heidemarie Wieczorek Zeul, on Thursday agreed on an increase of the SME crediting fund, approved by the German Development Bank (KfW), by another 15 million euros.
Assistance, which the German Ministry for Economic Cooperation and Development has so far provided to Serbia's banking sector, has yielded extremely good results, it was said at the meeting, where cooperation had also been agreed on in the field of securing an initial deposit insurance fund and on the project aimed at defining and building a banking academy, the NBS said in a statement.
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