IFC, Banca Intesa, Erste Lend Serbian Farmakom EU120 Million
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Serbia’s diversified group Farmakom MB d.o.o. received a 120 million-euro ($165.7 million) loan from a group led by the International Finance Corp., the World Bank’s unit for private-sector lending.
The IFC provided 40 million euros of the credit and organized syndication from commercial lenders, including 30 million euros from Erste Group Bank AG, 35 million euros from Belgrade-based Komercijalna Banka AD, 5 million euros from Cacanska Banka AD and 10 million euros from the Serb unit of Banca Intesa SpA.