FIF - Raiffeisen Leasing Bulgaria Loan



Project number:


Business sector:

Leasing Finance

Notice type:


Environmental category:


Approval date:

21 Sep 2016



PSD disclosed:

16 Aug 2016

Translated version of this PSD: Bulgarian

Project Description

A EUR 50 million loan to Raiffeisen Leasing Bulgaria ("RLBG").

Project Objectives

RLBG will use the loan to provide lease financing to privately-owned micro-, small- and mediumsized enterprises ("MSMEs") in Bulgaria, to finance the lease of equipment, trucks and trailers, light commercial vehicles and fleet transactions with passenger cars.

Transition Impact

The loan will support the recovery of the Bulgarian leasing market by enabling RLBG to expand midand long-term lease financing to its existing and new MSME clients.

Client Information


Raiffeisen Leasing Bulgaria is the third largest leasing company in Bulgaria with total assets of EUR 155 million and total equity of EUR 9 million as at end-March 2016. It is a fully owned subsidiary of
the group of Raiffeisen Zentralbank Oesterreich, Austria.

EBRD Finance Summary

EUR 50,000,000.00

Total Project Cost

EUR 50,000,000.00

Environmental and Social Summary

Categorised FI. RLBG has been applying the EBRD's E&S Risk Management Procedures for Leasing Activities to their leasing portfolio which is deemed to be Low E&S risk. The company will be required to continue to comply with EBRD's Perfrormance Requirements 2, 4 and 9 and submit annual environmental and social reports to EBRD.

Technical Cooperation


Company Contact Information

Vasil Koshnicharov
+359 2 4919300
+359 2 9742057
Raiffeisen Leasing Bulgaria OOD 32A, Cherni vrah Blvd., floor 6 1407 Sofia, Bulgaria

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168

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