In June 2008, OeEB invested Business Advisory Services funds in the "First Loss Tranche" of the European Fund for Southeast Europe (EFSE).
|Project name||European Fund for Southeast Europe (EFSE) – C-Shares|
|Sector||Banking and financial services|
Business Advisory Services
|Project partner(s)||EFSE, KfW|
Due to the investment of the Development of Austria (OeEB) into the C-Tranche, the Austrian contribution that has already been made by the Austrian Development Agency (ADA) will be enhanced and furthermore new private investment (PPP approach) into EFSE and thus financing opportunities for SMEs in the regions will be leveraged.