Project number:


Business sector:

Financial institutions

Notice type:


Environmental category:


Approval date:

20 Jun 2017



PSD disclosed:

23 May 2017

Translated version of this PSD: French

Project Description

A senior loan of up to EUR 40 million to Union Internationale de Banques ("UIB").

Project Objectives

The EBRD loan will assist UIB in developing its SME lending activities and expand access to finance for underserved private SMEs.

Transition Impact

The EBRD loan will increase the availability of finance to private SMEs in Tunisia, allowing greater access to finance for this largely underserved segment.

Client Information


UIB is the seventh largest bank in Tunisia by loans with a loan portfolio of EUR 1.7 billion at YE2016.

UIB has market shares of 6.9% and 6.5% in terms of loans and deposits, respectively. It is a subsidiary of Societe Generale SA.

EBRD Finance Summary

EUR 40,000,000.00

Total Project Cost

EUR 40,000,000.00

Environmental and Social Summary

Categorised FI (2014). UIB will be required to comply with PRs 2, 4 & 9. Under the SME Loan the client will be required and apply the EBRD's E&S Procedures for Corporate and Small Loans and submit annual environmental and social reports to the EBRD.

Technical Cooperation


Company Contact Information

Imen Ellili Saibi
(+216) 71 219 056
Rue du Lac Turkana 1053 Les Berges du Lac 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

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168

Public Information Policy (PIP)

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Text of the PIP

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.

Please visit the Project Complaint Mechanism page to find information about how to submit a complaint. The PCM Officer ( is available to answer any questions you may have regarding the submission of a complaint and criteria for registration and eligibility, in accordance with the PCM Rules of Procedure.