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
UNION INTERNATIONALE DE BANQUES
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
None.
Company Contact Information
Imen Ellili Saibi
Imen.SAIBI@uib.com.tn
(+216) 71 219 056
http://www.uib.com.tn/
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
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
