EUR 80 million for small and medium-sized enterprises - Societe Generale and SoGoLease ink contract with EIB

(at the contract signing ceremony)

Societe Generale Srbija and its leasing company SoGeLease today signed EUR 80 million worth of contracts with the European Investment Bank for assistance to small and medium-sized enterprises.

Since 2010, Societe Generale Srbija has been strongly supporting SME development in order to become a reference bank in that segment which is going to be the main pillar of development of Serbia's economy in the years to come.

Funds from the European Investment Bank will allow for Societe Generale Srbija to approve long-term loans to their current and future clients, small and medium-sized enterprises, on favorable terms, to contribute to their development and financial stability in still uncertain business conditions.

For small and medium-sized enterprises - existing and future clients of Societe Generale Srbija, this new source of finance represents an opportunity to develop projects as well as to obtain loans on competitive terms.