UBCI - SME loan



Project number:


Business sector:

Financial institutions

Notice type:


Environmental category:


Approval date:

26 Nov 2014



PSD disclosed:

26 Sep 2014

Translated version of this PSD: French

Project Description

The EBRD is considering to provide a loan of up to EUR 40 million to Union Bancaire pour le Commerce et l’Industrie S.A. (“UBCI”) for on-lending to micro, small and medium-sized enterprises (“MSMEs”) in Tunisia.

Transition Impact

The proposed loan will increase longer-term funding available to Tunisian MSMEs through the provision of banking loans or lease finance by UBCI, in a market where lending is restricted by liquidity constraints.

The Client

UBCI is the 10th largest bank in Tunisia with total consolidated assets of EUR 1.3 billion as of December 2013.

EBRD Finance

Senior secured loan of up to EUR 40 million.

Project Cost

Up to EUR 40 million to be provided in euros.

Environmental Impact

Categorised FI. UBCI will be required to comply with the Bank’s Performance Requirements 2 and 9 and the EBRD's Environmental and Social Procedures for Small and Micro Loans. The bank will also be required to submit annual environmental and social reports to the EBRD.

Technical Cooperation


Company Contact

Thomas Girod, Senior Banker, Financial Institutions Group, EBRD – girodt@ebrd.com


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

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