FIF - WB WiBP Loan II - Banca Intesa Belgrade



Project number:


Business sector:

Financial institutions

Notice type:


Environmental category:


Approval date:

13 Apr 2017



PSD disclosed:

31 Mar 2017

Translated version of this PSD: Serbian

Project Description

A senior loan of up to €5 million to Banca Intesa a.d. Beograd ('BIB').

Project Objectives

The project will enable BIB to expand its lending to women-led micro and small businesses ('WiB MSMEs'), which continue to experience distinct limitations in access to finance.

Transition Impact

Transition impact is expected to derive from market expansion, demonstration effect and transfer of skills. The project is expected to demonstrate that financing of WiB MSMEs is not only commercially viable and profitable, but also scalable and replicable given the under-served nature of the segment in Serbia.

Client Information


Banca Intesa a.d. Belgrade is the largest bank in Serbia with the leading position in corporate and retail lending and a long-standing partner of the EBRD and. With total assets of EUR 4.5bn as of 31 December 2016 it accounts for 17% of banking assets in Serbia. BIB has been one of the most profitable banks in Serbia for many years, thanks to good diversification and efficient operations.

BIB is the first-mover into lending to WiB MSMEs in Serbia and has demonstrated solid result upon implementation of the first round of WiB Programme in 2015-2016.

EBRD Finance Summary

EUR 5,000,000.00

Total Project Cost

EUR 5,000,000.00

Environmental and Social Summary

Categorised FI (ESP 2014): BIB an existing client and is satisfactorily implementing the EBRD's E&S requirements. It will be required: to continue to comply with PRs 2, 4 & 9; to further comply with the EBRD#s Environmental and Social Procedures for Corporate Loans, SME and Micro Loans; to submit annual environmental and social reports to the Bank.

Technical Cooperation

The project will be supported by a comprehensive technical support for capacity building, product development, marketing outreach, and business advice to WiB MSMEs. The technical cooperation is jointly funded by the governments of Luxemburg and Sweden.

Company Contact Information

Ms. Milena Perazic
+ 381 11 201 1402
Milentija Popovica 7b 11070 Novi Beograd

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

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

Share this page: