Project description
and objectives:
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The proposed project will consist of credit lines to partner banks (PBs) and leasing companies (PLCs) for on-lending to SMEs and Technical Cooperation (TC) to assist the banks in strengthening their SMEs risk appraisal and monitoring capabilities. The objectives of the Framework is to support the Western Balkans in the transition to a market economy by strengthening the financial sector and by increasing SMEs access to finance via the existing banks and leasing companies. These objectives will be achieved by providing medium-term and working capital financing to SMEs and by assisting the PBs and PLs to incorporate high quality SME lending as an integral part of their on-going business activities. The EBRD will provide finance, while the EC and other donors will provide funds for TC.
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Sub-projects:
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- W. Balkans SME FF - Cacanska Banka
- W.Balkans SME FF - NLB Prishtina
- W Balkans SME FF - Metals Banka
- W. Balkans SME Framework-RZB Leasing Belgrade
- W. Balkans SME FF - Invest Banka
- Teteks Kreditna/Tetovska Banka - SME loan
- Western Balkan SME Framework-Raiffieisen Leasing BiH
- Western Balkans SME - Banka Popullore
- Raiffeisen Bank Kosovo J.S.C.
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Transition impact:
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Transition impact will be achieved by introducing and establishing a sustainable SME finance business in the participating financial institutions and thereby demonstrating to other financial institutions in the region that SMEs can be a profitable and attractive customer segment. The Framework has the potential to unlock PBs own resources for SME finance, increasing access to credit for SMEs, thereby providing them with funds needed to growth.
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The client:
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Banks and leasing companies in Albania, Bosnia and Herzegovina, FYR Macedonia, Serbia and Montenegro, Kosovo.
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EBRD finance:
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€ 50 million
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Total project cost:
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€ 50 million
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Environmental impact:
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Under the Framework partner banks and leasing companies are required to apply the Bank's environmental procedures. In implementing these procedures, the banks and leasing companies will assess potential environmental issues associated with their customers, who are required to comply, at a minimum, with national health, safety, environmental and public consultation requirements. Under the Framework partner banks and leasing companies will submit annual environmental reports to the Bank.
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Technical
cooperation:
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TC funds will be used for institution building programs, this will include development of lending procedures and credit analysis and organizational changes to suit SME lending, training of bank staff, introduction of appropriate MIS and marketing strategy.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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Company contact:
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tba
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EBRD contact:
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Ines Hobdari, Operation Leader: hobdarii@ebrd.com
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Business opportunities:
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For business opportunities or procurement, contact the client company.
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General enquiries:
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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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