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Reference: 20160124
Release date: 13 November 2020

Promoter – Financial Intermediary

UNICREDIT BANK AD BANJA LUKA

Location

Description

Loan to UniCredit Bank AD Banja Luka - Bosnian subsidiary of UniCredit S.p.A. - to finance liquidity needs and eligible investments promoted by small and medium-sized enterprises (SMEs) and mid-caps affected by the COVID-19 crisis in Bosnia and Herzegovina.

Objectives

Financing of small and medium-sized projects as well as supporting working capital needs of SMEs and mid-caps in Bosnia and Herzegovina, with particular focus on the sectors most affected by the current COVID-19 crisis. This operation is part of a wider crisis response programme for the Western Balkans countries.

Sector(s)

Proposed EIB finance (Approximate amount)

EUR 50 million

Total cost (Approximate amount)

not applicable

Environmental aspects

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Status

Signed - 28/06/2021

Disclaimer

Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

Related tags

Bosnia and Herzegovina Credit lines