The European Bank for Reconstruction and Development (EBRD) signed a €72mn financing package with Banca Intesa Beograd (BIB) to enhance the competitiveness of local businesses and promote the green transition in Serbia, the EBRD announced on July 8. Banca Intesa will be the first Serbian bank to benefit from a new risk-sharing framework worth up to €50mn. This framework allows the EBRD to share partner banks’ exposure to local large enterprises and small and medium-sized enterprises (SMEs) through unfunded risk participation. The EBRD will guarantee up to 65% of each individual sub-loan that B…