Raiffeisen Bank BiH Mortgage Line II

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Project ID 50724

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 50724

Status Complete

Location

Bosnia and Herzegovina

Business Sector

Financial Institutions

Notice Type

Private

Environmental Category

Approval Date

27 Mar 2019

Disclosure date

07 Feb 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 senior loan of up to EUR 10 million to Raiffeisen Bank d.d. Bosna i Hercegovina ("RBBH") for on-lending to eligible private individuals for housing purposes.

Project Objectives

The proceeds of the loan will be used by RBBH to provide long-term financing for residential mortgage lending in Bosnia and Herzegovina.

Transition Impact

Transition impact is expected to derive from (i) supporting the growth of the mortgage portfolio in Bosnia and Herzegovina ("BiH"); (ii) reducing the maturity mismatch between assets and liabilities by providing long-term funding while (iii) keeping the loan portfolio quality in check.

Client Information

RAIFFEISEN BANK DD BOSNIA AND HERZEGOVINA
RBBH is the second largest bank in Bosnia and Herzegovina with a market share of 14.8% by total assets. RBBH is headquartered in Sarajevo and provides products and services across entire territory of BiH. RBBH is 99.9951% owned by Raiffeisen SEE Region Holding GmbH which is fully
owned by Raiffesen Bank International ("RBI").

EBRD Finance Summary

EUR 10,000,000.00

Up to EUR 10 million

Total Project Cost

EUR 10,000,000.00

Environmental and Social Summary

Categorised FI (ESP 2014). Raiffeisen Bank BiH ("RBBH") is an existing client of the Bank and has been satisfactorily implementing the EBRD's E&S requirements under existing exposures and regularly submits Annual E&S Reports to the Bank. For this transaction RBBH will need to continue to comply with the EBRD's PRs 2, 4 and 9, adopt and implement EBRD's E&S Risk Management Procedures for Mortgage Lending and report annually on E&S matters via the Sustainability Index.

Technical Cooperation

None.

Company Contact Information

Larisa Maslo-Baljo
larisa.maslo-baljo@raiffeisengroup.ba
+387 33 287 201
+387 33 287 391
www.raiffeisenbank.ba
Zmaja od Bosne bb 71 000 Sarajevo Bosnia and Herzegovina

Transition impact

ETI Score:59

PSD last updated

24 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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