Provision of a senior secured loan guaranteed by UC SpA of up to EUR 5m under FIF - Regional SME CSP in two equal tranches. The 2nd tranche is uncommitted and its commitment will be at EBRD's sole discretion.
This project will contribute to the objectives of CSP WB, supporting the Competitive and Resilient TI quality.
ETI score: 65
The project contributes to the objectives of CSP WB, supporting the Competitive and Resilient TI quality.
Competitive: The project will contribute towards: (i) supporting SMEs in accessing finance towards EU standards investments; and (ii) assisting SMEs to access advice and know-how for introducing and implementing EU standards and becoming competitive.
Resilient: Sub-borrowers will be expected to be commercially viable, which will be reflected in the expected strong underwriting expertise and adequate portfolio quality of the PFIs.
UNICREDIT BANK AD BANJA LUKA
UniCredit Bank Banja Luka ("UCBL") is a universal commercial bank, organised as a joint stock company in Bosnia and Herzegovina ("BiH") under the laws of Republika Srpska ("RS"). UCBL is the 5th largest in BiH with 9.2% market share by total assets (YE2020). The bank has 36 branches (including the headquarter office) covering almost all major cities and towns in the RS, served by 436 employees. The bank has become EBRD's partner bank in December 2014 and is one of the most active partner banks. UCBL is 99.43% owned by UniCredit SpA.
EBRD Finance Summary
Total Project Cost
Additionality is achieved by combining the necessary long-term financing, in the form of the senior loan, with technical support, targeted investment incentives into a package that promotes investments that will improve the competitiveness of the local SMEs.
Environmental and Social Summary
Categorised FI (2019 ESP). UniCredit Bank a.d. Banja Luka is an existing client and will be required to continue to implement the Environmental and Social Risk Management Procedure for Micro, SME and Corporate Lending; continue to comply with the EBRD's Performance Requirements (PRs) 2, 4 and 9, including adherence to the expanded EBRD E&S Exclusion List and Referral List introduced with ESP 2019 and submit Annual E&S Reports to the Bank. The Sub-Projects will be required to comply with national environmental, health, safety and labour (EHSL) requirements.
Technical Cooperation and Grant Financing
TC: The TC will include support for Programme Consultants ("Consultants", "PC") that will assist with the implementation, marketing and monitoring of the Programme and a separate verification of the technical implementation of the investments by the Sub-borrowers before the incentive payment is released.
Non-TC: EUR 0.75 million for investment incentives to Sub-borrowers for the implementation of eligible investments in line with the CSP WB Policy Statement.
The TC and the non TC resources are provided by the European Union.
Company Contact Information
+387 51 243 235
UniCredit Bank a.d. Banjaluka Marije Bursac 7, 78000 Banjaluka, Bosnia and Herzegovina
PSD last updated
09 Aug 2021
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