Mobiasbanca, the fifth largest private bank in Moldova, was extended a credit line of 2.4 million euros (USD $3.07 million) by the European Bank for Reconstruction & Development (EBRD) as part of its Moldovan Microfinance Framework (MMF). MMF is a $25 million facility providing funds for local banks to lend to micro and small enterprises.
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[…] MicroCapital Story, June 17, 2006, “The European Bank for Reconstruction & Development Supports Microfinance in Moldova with 2.4 million euro Credit Line Extension to Mobiasbanca,” https://www.microcapital.org/the-european-bank-for-reconstruction-development-supports-microfinance-i… […]