BANJA LUKA (Bosnia and Herzegovina), July 6 (SeeNews) – The Investment and Development Bank (IRB) of Bosnia’s Serb Republic is holding talks to get loans worth a combined 72 million euro ($90.7 million) from the European Investment Bank (EIB) and the World Bank, the Serb Republic government said on Friday.
IRB is planning to borrow 50 million euro ($63 million) from the EIB and $28 million (22 million euro) from the World Bank, the government said in a statement.
The Serb Republic is one of the two autonomous parts forming Bosnia. The other is the Muslim-Croat Federation.
($ = 0.7941 euro)