Banja Luka, 7 April 2025 – The European Fund for Southeast Europe (EFSE) is pleased to announce a EUR 15 million loan facility to Addiko Bank AD, Banja Luka for support to micro, small, and medium-sized enterprises (MSMEs).
Addiko Bank AD, with 28 branches and a focus on MSMEs, will help the fund expand its lending footprint. With almost 60% of business outside Banja Luka, Addiko Bank ensures financing reaches underserved MSMEs, aligning with EFSE’s goal of promoting inclusive and sustainable economic growth.
Mejra Juzbašić Bajgorić, regional director of Finance in Motion, EFSE fund manager, said, "EFSE is dedicated to fostering economic resilience and inclusive growth in Southeast Europe. This partnership with Addiko Bank exemplifies our commitment to empowering MSMEs, particularly in underserved regions. By providing essential financial resources, we aim to create opportunities for businesses to thrive and contribute to sustainable development.”
"Continued cooperation with the EFSE fund confirms our long-term commitment to supporting small and medium-sized enterprises in the Republic of Srpska. This new credit line supports our successful partnership by securing additional financial resources to local entrepreneurs. By focusing on SMEs, we support the Fund in expanding its credit network, ensuring that financial resources reach entrepreneurs across the Republic of Srpska. Working in partnership with EFSE, Addiko Bank, in line with its business strategy of providing fast, simple, and efficient financial solutions, continues to strengthen its partnership with clients, empower the business community, and thus contributes to sustainable economic progress," stated Slađan Stanić, CEO of Addiko Bank Banja Luka.
About EFSE
An impact investment fund established in 2005, the European Fund for Southeast Europe (EFSE) aims to foster economic development and prosperity in Southeast Europe and the European Eastern Neighbourhood Region. EFSE was initiated by KfW Development Bank with the financial support of the German Federal Ministry for Economic Cooperation and Development (BMZ) and the European Commission. As the first public-private partnership of its kind, EFSE draws its capital from donor agencies, international financial institutions, and institutional investors. Finance in Motion and Hauck & Aufhäuser Fund Services S.A., Luxembourg, co-manage the fund. www.efse.lu
About Finance in Motion
Finance in Motion structures, manages, and advises almost €4 billion across 9 funds, all classified as Article 9. These private market funds drive impact for people and planet through regional financial intermediaries, direct investments, advisory and capacity building. Founded in Germany, with local expertise from Latin America to CEE, it has been investing in emerging markets for over 15 years.
www.finance-in-motion.com
About Addiko Bank AD
Addiko Bank Banja Luka is part of a group operating in Central, Eastern, and Southeastern Europe, with a focus on supporting the sustainable development of the economy and the business of small and medium-sized enterprises. It is a specialist bank aimed at enhancing core banking products that provide greater value to clients, as well as developing competitive products that meet the specific needs of the market. Addiko Bank builds its business on the principles of clear, simple, and direct banking, placing the client experience at the core of its operations.
Media Contacts:
EFSE: Nusha Westhoff
Director Marketing & Communications
Mobile: +49 69 271 035-789
press@efse.lu
Addiko Bank AD: Nataša Brborović
Specialist for Corporate Communication
natasa.brborovic@addiko.com
