Slavonska Banka d.d. Osijek (equity)

Location:

Croatia

Project number:

3392

Business sector:

Financial institutions

Notice type:

Private

Environmental category:

FI

Approval date:

07 Apr 1998

Status:

Complete

PSD disclosed:

12 Apr 2000

Project Description

Medium-term €20 million credit facility to Slavonska Banka (SBO) for on-lending, particularly to small and medium-sized enterprises (SMEs). SBO will also have the flexibility to issue guarantees.

Transition Impact

The project will have an impact on the transition process by stimulating the growth of the private SME sector and by strengthening the institutional capacity of SBO.

The Client

SBO is one of the largest regional banks in Croatia and the dominant financial institution in the eastern Slavonia region. It is the sixth-largest bank in the country. Its two-largest shareholders are Karntner Landes- und Hypothekenbank Aktiengesellschaft from Klagenfurt, Austria, and the EBRD.

EBRD Finance

€20 million five-year credit facility for on-lending to SMEs.

Project Cost

€20 million.

Environmental Impact

SBO will follow EBRD's Environmental Procedures for Local Banks in relation to all sub-loans financed through the credit line. In implementing these procedures, SBO will assess potential environmental issues associated with sub-projects, which are required to comply, at a minimum, with local/national health, safety, environmental and public consultation requirements.

Technical Cooperation

None.

 

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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