Unicredit Leasing Croatia - SME Credit Line

Location:

Croatia

Project number:

46149

Business sector:

Leasing Finance

Notice type:

Private

Environmental category:

FI

Approval date:

17 Sep 2014

Status:

Complete

PSD disclosed:

15 Aug 2014

Translated version of this PSD: Croatian

Project Description

The EBRD is considering a senior loan of up to €30 million to UniCredit Leasing Croatia under the Croatian Leasing Sector Framework. The loan will be used to provide leases to SME, specifically for equipment, light commercial vehicles, trucks and trailers.

Transition Impact

The proposed project will increase the access to long-term lease financing by local SME and help support the recovery of the Croatian leasing market. It will also improve transparency and reporting standards of the participating company to the regulator.

The Client

UniCredit Leasing Croatia, a wholly owned subsidiary of the UniCredit Group, is the largest leasing company in Croatia with €439 million of assets at 31 March 2014. UCL is also the market leader in equipment leasing.

EBRD Finance

Senior loan of up to €30 million with a maturity of 5 years and 2 year grace period.

Project Cost

€30 million.

Environmental Impact

Categorised FI. The Company will be required to comply with PRs 2 and 9, adopt and implement the Bank's E&S Procedures for Leasing Companies and submit Annual Environmental and Social Reports to the Bank.

Technical Cooperation

None.

Company Contact

Eugen Paić-Karega, CEO

eugen.paic-karega@unicreditleasing.hr

 

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

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