Translated version of this PSD: Croatian
Provision of a EUR 30 million senior loan to UniCredit Leasing Croatia under the Financial Intermediaries Framework.
The loan will be used to provide leases to small and medium-sized enterprises (SMEs), specifically for equipment, light commercial vehicles, trucks and trailers.
The transition impact is expected to derive from market expansion by providing UniCredit Leasing Croatia with funding to scale up its SME lending activities. The proposed project will increase the local SMEs'access to long-term lease financing and help support the recovery of the Croatian leasing market. Additionally, at least 32% of the facility will be used to extend lease financing to eligible SMEs operating in underserved regions (i.e. outside of the capital city of Zagreb).
UNICREDIT LEASING CROATIA DOO
EBRD Finance Summary
Total Project Cost
Environmental and Social Summary
Categorised FI (2014). UniCredit Leasing (UCL) has been satisfactorily applying the Bank's E&S requirements under existing exposures. UCL will be required to comply with PRs 2, 4 and 9, continue to apply the Bank's E&S Risk Management Procedures for Leasing Companies and submit Annual Environmental and Social Reports to the Bank via the Sustainability Index.
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