Translated version of this PSD: French
Project Description
A loan of EUR 30 million to Union Bancaire pour le Commerce et l'Industrie S.A. ("UBCI").
Project Objectives
The loan will be used to on-lend to micro, small and medium-sized enterprises ("MSMEs") in Tunisia.
Transition Impact
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.
Client Information
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
EUR 30,000,000.00
Total Project Cost
EUR 30,000,000.00
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.
Technical Cooperation
None.
Company Contact Information
Sana Nouira
sana.nouira@bnpparibas.com
http://www.ubci.tn/
139, Avenue de la Liberté, 1001 Tunis, Tunisia
Business opportunities
For business opportunities or procurement, contact the client company.
For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com
General enquiries
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com
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
