Union Bank Albania Collaborates with EBRD

Union Bank Albania has partnered with the European Bank for Reconstruction and Development (EBRD) to support the country's economic growth.

This collaboration aims to provide financing for small and medium-sized enterprises (SMEs) in Albania, helping them access the capital they need to grow and develop.

By working with the EBRD, Union Bank Albania is able to offer its customers a wider range of financial products and services, making it easier for them to achieve their business goals.

Union Bank has been a long-standing partner of the European Bank for Reconstruction and Development (EBRD), a key player in the country's financial sector development.

The EBRD invested in Union Bank to support the bank's growth and expansion in Albania, providing much-needed capital to boost the country's economy.

In 2014, the EBRD invested €10 million in Union Bank to support its business development and expansion in Albania, which helped increase the bank's lending capacity to small and medium-sized enterprises (SMEs).

This investment was part of the EBRD's strategy to promote economic growth and development in the region by supporting the growth of local banks like Union Bank.