Translated version of this PSD: Bulgarian
A EUR 50 million loan to Raiffeisen Leasing Bulgaria ("RLBG").
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.
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.
RAIFFEISEN LEASING BULGARIA OOD
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
Total Project Cost
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.
Company Contact Information
For business opportunities or procurement, contact the client company.
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Tel: +44 20 7338 7168
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Project Complaint Mechanism (PCM)
The Project Complaint Mechanism (PCM) is the EBRD's accountability mechanism. It provides an opportunity for an independent review of complaints from individuals and organisations concerning EBRD-financed projects which are alleged to have caused, or are likely to cause, environmental and/or social harm.
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