Provision of a senior unsecured loan under the Western Balkans Women in Business Programme Phase II for on-lending to eligible women-led micro, small and medium-sized enterprises (MSMEs) for the amount of up to EUR 2m.
The proceeds of the Bank's investment will be used for sub-lending to eligible Women-led MSMEs in accordance with the programme's policies and goals.
ETI score: 68
The project targets the Inclusive and Competitive qualities.
Inclusive: The project will contribute to women's economic inclusion by supporting Women-led MSMEs' access to finance and business advisory services, and aim to support the alleviation of the existing country level gender access to finance gaps while demonstrating the business case for scaling-up lending to the women-led MSME segment. The project will also support RBBH to test and roll-out more inclusive and gender responsive products.
Competitive: Transition impact is expected to derive from market expansion in line with the EBRD Financial Intermediaries Framework.
RAIFFEISEN BANK DD BOSNIA AND HERZEGOVINA
Raiffeisen Bank dd BiH ("RBBH") is the 2nd largest bank in Bosnia and Herzegovina with a market share of 15% in assets and 13.3% in loans.
EBRD Finance Summary
Total Project Cost
Additionality is achieved by combining the necessary long-term financing, in the form of a senior loan, through a holistic approach which includes technical cooperation grants to support the capacity building of partner financial institutions and women-led MSMEs.
Environmental and Social Summary
RBBH will be required to continue to comply with the EBRD's Environmental and Social Risk Management Procedures for Corporate Loans, SME and Micro Loans, as well as the applicable PRs, and submit annual E&S reports to the Bank.
Technical Cooperation and Grant Financing
PFI Capacity Building TC: Up to EUR 2m at the Programme level.
TC for Women-led MSMEs: Up to EUR 3.5m at the Programme level implemented by ASB team.
Jointly funded by the Government of Luxembourg and Sweden.
Company Contact Information
+387 33 287 764
+387 33 287 391
Zmaja od Bosne bb, 71 000 Sarajevo
PSD last updated
05 Mar 2020
Further information regarding the EBRD’s approach to measuring transition impact is available here.
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