On this day in 2000, Micro Enterprise Bank (MEB) Kosova received a banking license from the Banking and Payments authority of Kosova (BPK) and became the first licensed bank in post-war. Kosova. As an initiative of various international financial institutions and investment companies, the MEB was created. Involved in its creation was Commerzbank AG, the European Bank for Reconstruction and Development, International Finance Corporation, and others. Upon receiving this license, MEB opened a branch in Prishtina initially near the UNMIK offices, and eventually expanded to 7 branches across the country in 3 years. 

Prior to the war, Kosovars faced constant economic and social discrimination which meant that post-war Kosova was marked by high unemployment and a lack of institutions to allow for social and political stability. Whilst conflict made it difficult to attract investment, any investment that did arrive would be difficult to spread without a single Kosovar bank. Thus, it was a matter of urgency and necessity that a bank formed and was given a banking license to operate. Today this bank is known as ProCredit Bank and has 23 branches across Kosova.