FIF - ProCredit Bank Romania EUR 15m loan

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Overview

A senior loan of up to EUR 15 million (with an option to fully or partially disburse in RON) to ProCredit Bank Romania ("PCBR"), in two tranches of EUR 7.5 million each under the Financial Intermediaries Framework ("FIF").

Project ID 56723

Status Passed Final Review, Pending Approval

Location

Romania

Industry Sector

Financial Institutions

Notice Type

Private

Project timeline

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

Company Contact Information

Maria Antal
maria.antal@procredit-group.com
+40213063622
+40213055661
www.procreditbank.ro
Business Garden Bucharest 159 Calea Plevnei, 5th floor, District 6, Bucharest

Project ID 56723

Status Passed Final Review, Pending Approval

Location

Romania

Industry Sector

Financial Institutions

Notice Type

Private

Environmental Category

Approval Date

19 May 2026

Disclosure date

19 May 2026

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."

Project Description

Project Objectives

The project aims to foster SME competitiveness by increasing availability of financing, while also supporting PCBR's own competitiveness by allowing it to follow its growth strategy and providing diversification in its funding sources. It also supports PCBR's competitiveness by allowing it to: (1) follow its growth strategy focused on serving Romanian SMEs, (2) diversify its funding sources and (3) improve the maturity match between assets and liabilities. Also, by ensuring PCBR maintain its prudent lending and risk management practices, the Project seeks to encourage sustainable lending practices, supporting the resilience of the financial system.

Transition Impact

ETI score: 60

The project contributes to the objectives of the Financial Intermediary Framework, supporting the Competitive and Resilient transition qualities. The FIF seeks to (i) foster SME competitiveness by increasing availability of financing to SMEs, and (ii) contribute to the competitiveness of financial institutions by enhancing their long-term funding. By ensuring that partner financial institutions have adequate underwriting and risk management practices in place, the FIF also seeks to encourage sustainable lending practices, supporting the resilience of the financial system.

Client Information

PROCREDIT BANK SA

ProCredit Bank Romania is a small player on the Romanian market, with total assets of EUR 573 million as of 1H2025, ranking 19th among 23 banks operating in the country and a market share of 0.3%. PCBR is predominantly SME oriented, in line with group focus in the region. PCBR is rated BBB-/ stable by Fitch (December 2025).

EBRD Finance Summary

EUR 15,000,000.00

Total Project Cost

EUR 15,000,000.00

Additionality

Financing Structure: PCBR is a small bank and lacks scale. This limits its access to funding. EBRD will provide mid-term financing not available to PCBR from market sources other than IFIs given its small size. This funding is needed to (1) meet the growing lending demand by the PCBR's SME clients; (2) allow diversification of PCBR's funding structure and (3) improve maturity match.

Standard-setting: The project introduces robust standard-setting by defining SME-focused on-lending criteria, enforcing market-based SME financing terms, and implementing financial covenants that safeguard PCBR's sustainable performance.

Technical Cooperation and Grant Financing

None

Company Contact Information

Maria Antal
maria.antal@procredit-group.com
+40213063622
+40213055661
www.procreditbank.ro
Business Garden Bucharest 159 Calea Plevnei, 5th floor, District 6, Bucharest

PSD Last Updated

19 May 2026

Understanding transition

Further information regarding the EBRD’s approach to measuring transition impact is available here.

Business opportunities

For business opportunities or procurement, contact the client company.

For business opportunities with the EBRD (not related to procurement) contact:

Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

For state-sector projects, visit EBRD Procurement:

Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

Specific enquiries can be made using the EBRD Enquiries form.

Environmental and Social Policy (ESP)

The ESP and its associated Environmental and Social Requirements (ESRs) set out the ways in which the EBRD implements its commitment to promoting “environmentally sound and sustainable development”. The ESP and the ESRs include specific provisions for clients to comply with the applicable requirements of national laws on public information and consultation, and to establish a grievance mechanism to receive and facilitate resolution of stakeholders’ concerns and grievances, in particular, about the environmental and social (E&S) performance of the client and the project. Proportionate to the nature and scale of a project’s environmental and social risks and impacts, the EBRD also requires its clients to disclose information, as appropriate, about the risks and impacts of projects or to undertake meaningful consultation with stakeholders and consider and respond to their feedback.

More information on the EBRD’s practices in this regard is set out in the ESP.

Integrity and compliance

The EBRD's Office of the Chief Compliance Officer (OCCO) promotes good governance and ensures that the highest standards of integrity are applied to all of the Bank's activities in accordance with international best practice. Integrity due diligence is conducted on all Bank clients to ensure that projects do not present unacceptable integrity or reputational risks to the Bank. The EBRD believes that identifying and resolving issues in the project assessment and approval stages is the most effective means of ensuring the integrity of Bank transactions. OCCO plays a key role in these protective efforts andhelps to monitor integrity risks in projects post-investment.

OCCO is further responsible for investigating allegations of fraud, corruption and misconduct in EBRD-financed projects. Anyone, either within or outside the Bank, who suspects fraud or corruption should submit a written report to the Chief Compliance Officer by email to compliance@ebrd.com. OCCO will follow-up all matters reported. It will review all matters reported. Reports can be made in any language of the Bank or of the Bank's countries of operation. The information provided must be made in good faith.

Access to Information Policy (AIP)

The AIP, which entered into force on 1 January 2025, sets out how the EBRD discloses information and consults with its stakeholders to promote better awareness and understanding of its strategies, policies and operations. Please visit the Access to Information Policy page to find out what information is available from the EBRD website.

Specific requests for information can be made using the EBRD enquiries form.

Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (for example, through the client’s project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the mechanism is: to support dialogue between project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or the project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate and how to submit a Request for review. Alternatively, contact IPAM by email at ipam@ebrd.com for guidance and more information on IPAM and how to submit a request.

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.

Our story

How we deliver systemic impact

What we offer for businesses

Search

FIF - ProCredit Bank Romania EUR 15m loan

Overview

Project timeline

Company Contact Information

Project Description

Project Objectives

Transition Impact

Client Information

EBRD Finance Summary

Total Project Cost

Additionality

Technical Cooperation and Grant Financing

Company Contact Information

PSD Last Updated

Understanding transition

Business opportunities

General enquiries

Environmental and Social Policy (ESP)

Integrity and compliance

Access to Information Policy (AIP)

Independent Project Accountability Mechanism (IPAM)