Translated version of this PSD: French
A loan of EUR 30 million to Union Bancaire pour le Commerce et l'Industrie S.A. ("UBCI").
The loan will be used to on-lend to micro, small and medium-sized enterprises ("MSMEs") in Tunisia.
The EBRD loan will increase the availability of finance to micro, small and medium businesses in Tunisia, allowing greater access to finance for this largely underserved segment in a market where lending is restricted by liquidity constraints.
UNION BANCAIRE POUR LE COMMERCE ET L'INDUSTRIE
UBCI is the 10th largest bank in Tunisia with total consolidated assets of EUR 1.4 billion as of December 2016.
EBRD Finance Summary
Total Project Cost
Environmental and Social Summary
Categorised FI. UBCI will be required to comply with the Bank's Performance Requirements 2 and 9 and the EBRD's Environmental and Social Procedures for Small and Micro Loans. The bank will also be required to submit annual environmental and social reports to the EBRD.
Company Contact Information
For business opportunities or procurement, contact the client company.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
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Text of the PIP