Translated version of this PSD: Romanian
Project Description
The EBRD has subscribed RON 112.5 million in a fiveyear senior unsecured local currency bond issue of Raiffeisen Bank Romania S.A. The issue follows Raiffeisen Bank Romania S.A.’s successful placement of a three-year senior unsecured local currency bond in July 2013, in which the EBRD participated. The proceeds are envisaged to be used by Raiffeisen Bank Romania S.A. for general funding purpose, including the granting of loans to customers.
Transition Impact
The transition impact potential derives from supporting the third local currency bond issue in Bucharest Stock Exchange by Romanian commercial banks since the onset of the crisis, and is envisaged to contribute to development of the local capital market in Romania.
It also supports improved maturity structure of Raiffeisen Bank Romania S.A. by further extending the tenor of liabilities to better match the maturity of the underlying assets.
The Client
Raiffeisen Bank Romania S.A. is the sixth largest bank in Romanian banking system with a market share of 7.3% as of December 2013.
EBRD Finance
RON 112.5 million.
Project Cost
RON 500 million.
Environmental Impact
Categorised FI. Compliance with the EBRD’s Performance Requirements 2 and 9 and the EBRD’s Environmental and Social Procedures for Corporate Lending, including the EBRD’s Environmental and Social Exclusion Lists and annual reporting.
Technical Cooperation
None.
Company Contact
Raiffeisen Bank Romania S.A.
Sky Tower Building, 246C Calea Floreasca, Sector 1, Bucharest, Postal code 014476, Romania
E-mail: centrala@raiffeisen.ro
Contact: Funding Team
Balance Sheet and Portfolio Management
Treasury and Capital Market Division
Phone: +4021 306 1123
Fax: +4021 312 0273
E-mail: funding@raiffeisen.ro
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
