Find out the latest on EU-related activities and events in the Western Balkans

2 February 2021

CEB supports employment in Albania


The Council of Europe Development Bank (CEB) has approved a €15 million loan to ProCredit Bank Albania to provide small and medium-sized enterprises (SMEs) with access to long-term financing, and thus to support employment.


By funding SME investments and working capital, the loan will offer a defence against further deterioration of a labour market which has been challenged by COVID-19. Some 100 projects are expected to benefit from the financing, particularly in the trade and manufacturing sectors.


Read more

Photo Credit: The Council of Europe Development Bank (CEB)


Please wait while your video is being uploaded...

Don't close this window!

Subscribe to the newsletter

I have read and understood the terms of the privacy statement.