Raiffeisen Bank S.A. Romania

Location:

Romania

Project number:

45367

Business sector:

Financial institutions

Notice type:

Private

Environmental category:

FI

Approval date:

11 Jun 2013

Status:

Completed

PSD disclosed:

01 Aug 2013

Translated version of this PSD: Romanian

Project Description

The EBRD has subscribed RON 56.3 million in the local currency senior unsecured bond issue of Raiffeisen Bank Romania S.A.

The proceeds are envisaged to be used for the general funding needs of Raiffeisen Bank Romania, which includes granting loans to customers.

Transition Impact

The transition impact potential derives from supporting the second local currency bond issue of a Romanian commercial bank since the onset of the crisis, which is envisaged to contribute to the development of the local capital market in Romania.

The Client

Raiffeisen Bank Romania is the 4th largest bank in Romanian banking system with a market share of 7.1 per cent as of March 2013.

EBRD Finance

RON 56.3 million.

Project Cost

RON 225 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, Calea Floreasca nr. 246 C,
Sector 1
014476,Bucharest
Romania
E-mail: centrala@raiffeisen.ro

Contact: Ms. Diana Patrascu, Balance Sheet and Portfolio Management, Treasury and Capital Market Division
Tel: +4021 306 1123
Fax: +4021 312 0273
E-mail: diana.patrascu@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)

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Text of the PIP

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