PRS - BiH UniCredit Bank d.d

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Project ID 50446

Status Complete

Location

Bosnia and Herzegovina

Business Sector

Financial Institutions

Notice Type

Private

Project timeline

Exploratory
Passed Concept Review
Passed Structure Review
Passed Final Review
Board Approved
Signed
Implementing
Completed

Project ID 50446

Status Complete

Location

Bosnia and Herzegovina

Business Sector

Financial Institutions

Notice Type

Private

Environmental Category

Approval Date

25 Apr 2019

Disclosure date

18 Mar 2019

As per section 1.4.2 (iii) of the Directive on Access to Information: "For Projects approved by Bank management where the Board of Directors has delegated the approval authority, the PSD shall be disclosed at the start of the relevant no-objection notification period to a member country of the Bank in accordance with Article 13 (iii) of the Agreement Establishing the EBRD."

Translated version of this PSD: Bosnian

Project Description

A portfolio risk sharing project in the form of a financial guarantee of up to EUR 10 million equivalent to cover the credit risk of up to 50% of an existing portfolio of granular SME loans of up to EUR 20 million originated by UniCredit Bank d.d ("UBM").

Project Objectives

UBM aims to expand its SME lending during the length of the project.

Transition Impact

The transition impact will derived from the innovative aspect of the facility, which is expected to help to support additional lending to SMEs (Competitive quality) and the capital structure of the partner bank (Resilient quality).

Client Information

UNICREDIT BANK DD

UBM is a universal commercial bank and the largest bank in BiH on a standalone basis (as of end-2017): 18.9% market share by total assets; 18.2% market share by loan portfolio; 20% market share by total deposits; 76 branches covering almost all major cities and towns in the FBiH; more than 530 thousand active clients; and 1,262 employees.

EBRD Finance Summary

EUR 10,000,000.00

Total Project Cost

EUR 10,000,000.00

Environmental and Social Summary

UBM is satisfactorily managing environmental and social risks within its existing portfolio by applying the EBRD's Environmental and Social Risk Management Procedures, adopted under existing
exposures. For this new transaction they will need to continue to comply with PRs 2, 4 and 9, and provide annual reporting.

Technical Cooperation

None.

Company Contact Information

Sanela Simic Cvitkovic
sanela.simiccvitkovic@unicreditgroup.ba
+387 36 356 086
www.unicredit.ba
UniCredit Bank d.d, Kardinala Stepinca bb, 88000 Mostar, Bosna i Hercegovina

Transition impact

ETI Score:65

PSD last updated

30 May 2019

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

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

Public Information Policy (PIP)

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. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

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