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Galina Wells, Operations Leader

Société Générale - Splitska Banka Partnership for Growth

Project number:43928
Business sector:Depository Credit Banks
Environmental category:FI
Target Board date:24 July 2012
PSD disclosed:21 June 2012

Project Description

The EBRD is considering providing a €75 million loan to Société Générale Splitska Banka under a Partnership for Growth facility. The facility is designed to support the bank’s growth strategy in Croatia focusing on SMEs and expanding outreach to wider regions in Croatia . The loan will be extended in three tranches to support the bank’s lending operations in the next three years.

Transition Impact

This Project will promote private sector development by supporting an important player on the Croatian financial market to expand its operations and increase lending to the real economy and especially to micro, small and medium-sized enterprises (MSMEs), enhancing the competitiveness of Croatian MSME sector in the advent of the country’s EU accession.

The Client

Société Générale Splitska Banka d.d., the sixth largest bank in Croatia, 100 per cent owned by Société Générale S.A. Paris.

EBRD Finance

€75 million.

Project Cost

€75 million.

Environmental Impact

Categorised FI: Société Générale Splitska Banka will be required to comply with PRs 2 and 9, adopt and implement the EBRD's Environmental and Social Procedures for Corporate Lending and submit Annual Environmental and Social Reports to the Bank.

Technical Cooperation


Company Contact

Frederique Guin
Board Member
Chief Financial Officer
Splitska Banka d.d.
Société Générale Group
Ulica grada Vukovara 284/XIII
10 000 Zagreb, Croatia

Tel: +385 (0) 1 63 27 974
Fax: +385 (0) 21 438 100
E-mail: frederique.guin@splitskabanka.hr

Business opportunities

For business opportunities or procurement, contact the client company.

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com

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The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations.
Text of the PIP

Project Complaint Mechanism (PCM)

The EBRD has established the Project Complaint Mechanism (PCM) to provide an opportunity for an independent review of complaints from one or more individuals or from organisations concerning projects financed by the Bank which are alleged to have caused, or likely to cause, harm. The Rules of Procedure governing the PCM can be found at www.ebrd.com/downloads/integrity/pcmrules.pdf, the Russian version can be accessed at http://www.ebrd.com/downloads/integrity/pcmrulesr.pdf

Any complaint under the PCM must be filed no later than 12 months after the last distribution of EBRD funds. You may contact the PCM officer (at pcm@ebrd.com) or the relevant EBRD Resident Office for assistance if you are uncertain as to the period within which a complaint must be filed.

Project Summary Documents are created before consideration by the EBRD Board of Directors. Details of a project may change following disclosure of a Project Summary Document. Project Summary Documents cannot be considered to represent official EBRD policy.

Last updated 21 June 2012