The guarantee opens up another 422 million euros intended for financing small businesses, climate and green investments, as well as vulnerable social groups.
Washington, January 26, 2026 – The Multilateral Investment Guarantee Agency (MIGA), which operates the World Bank Group Guarantee Platform, has issued a three-year guarantee of €344.4 million to AikGroup, a regional financial group of which AikBank is a part, to secure the bank’s required reserves with the National Bank of Serbia. The guarantee will enable €422 million in new loans for micro, small and medium-sized enterprises , climate and green investments , and support for vulnerable groups in Serbia .
This innovative method of risk insurance enables more efficient use of existing capital, transforming inactive reserves into new loans that directly contribute to the development of local markets and communities.
"This guarantee and our partnership with AikGroup demonstrate how MIGA can leverage its credit strength to facilitate new investments that support private sector development," said Tsutomu Yamamoto, CEO of MIGA .
Building on AikBank's active role in strengthening the domestic business environment, this partnership reflects a shared commitment to Serbia's development agenda and the broader priorities of MIGA and the World Bank in the areas of financial inclusion, job creation, sustainable growth, and a more resilient banking sector, as well as the goals of the World Bank's Gender Equality Strategy for the period 2024–2030.
"At AikGroup, we believe that a strong banking system must actively support economic development. Through this partnership with MIGA, we gain the opportunity to provide additional financing, make it more accessible, and thus continue to foster sustainable growth," said Razvan Munteanu, Chairman of the Executive Board of AikGroup.
About the World Bank Group Guarantee Platform
Launched in 2024, the World Bank Group Guarantee Platform brings together guarantee products and expertise from across the World Bank Group under MIGA. It provides a simplified and comprehensive choice of guarantee solutions, allowing clients to choose the instrument that best suits their needs. The platform streamlines processes, eliminates duplication, and provides greater accessibility by reducing investment risk in developing countries. Its goal is to increase the annual volume of World Bank Group guarantees issued to US$20 billion by 2030.