Raiffeisen Bank BiH Mortgage Line II

Location:

Bosnia and Herzegovina

Project number:

50724

Business sector:

Financial institutions

Notice type:

Private

Environmental category:

FI

Target board date:

27 Mar 2019

Status:

Disbursing

PSD disclosed:

07 Feb 2019

Translated version of this PSD: Bosnian

Project Description

A senior loan of up to EUR 10 million to Raiffeisen Bank d.d. Bosna i Hercegovina ("RBBH") for on-lending to eligible private individuals for housing purposes.

Project Objectives

The proceeds of the loan will be used by RBBH to provide long-term financing for residential mortgage lending in Bosnia and Herzegovina.

Transition Impact

Transition impact is expected to derive from (i) supporting the growth of the mortgage portfolio in Bosnia and Herzegovina ("BiH"); (ii) reducing the maturity mismatch between assets and liabilities by providing long-term funding while (iii) keeping the loan portfolio quality in check.

Client Information

RAIFFEISEN BANK DD BOSNIA AND HERZEGOVINA
RBBH is the second largest bank in Bosnia and Herzegovina with a market share of 14.8% by total assets. RBBH is headquartered in Sarajevo and provides products and services across entire territory of BiH. RBBH is 99.9951% owned by Raiffeisen SEE Region Holding GmbH which is fully
owned by Raiffesen Bank International ("RBI").

EBRD Finance Summary

EUR 10,000,000.00

Up to EUR 10 million

Total Project Cost

EUR 10,000,000.00

Environmental and Social Summary

Categorised FI (ESP 2014). Raiffeisen Bank BiH ("RBBH") is an existing client of the Bank and has been satisfactorily implementing the EBRD's E&S requirements under existing exposures and regularly submits Annual E&S Reports to the Bank. For this transaction RBBH will need to continue to comply with the EBRD's PRs 2, 4 and 9, adopt and implement EBRD's E&S Risk Management Procedures for Mortgage Lending and report annually on E&S matters via the Sustainability Index.

Technical Cooperation

None.

Company Contact Information

Larisa Maslo-Baljo
larisa.maslo-baljo@raiffeisengroup.ba
+387 33 287 201
+387 33 287 391
www.raiffeisenbank.ba
Zmaja od Bosne bb 71 000 Sarajevo Bosnia and Herzegovina

 

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