Signature(s)
Amount
€ 40,000,000
Countries
Sector(s)
Bosnia and Herzegovina
: € 40,000,000
Credit lines
: € 40,000,000
Signature date(s)
22/12/2009 : € 40,000,000
Summary sheet
Release date
25 September 2009
Status
Reference
Signed | 22/12/2009
20090562
Project name
Promoter - financial intermediary
RZB Loan for SMEs and Priority Projects
RAIFFEISEN LEASING DOO
Proposed EIB finance (Approximate amount)
Total cost (Approximate amount)
Up to EUR 40 million
At least EUR 80 million
Location
Sector(s)
Description
Objectives
Loan operation for lease-financing of small and medium scale projects promoted by SMEs or municipal entities.
Financing of small and medium scale projects promoted by SMEs as well as industrial investment projects promoted by the municipal entities, for investment in the field of environmental protection, energy efficiency, infrastructure, industry, services and tourism.
Environmental aspects
Procurement
Legal documentation will comprise the obligation for financial intermediaries to ensure that projects financed under this loan comply with relevant national and/or EU environmental legislation.
Legal documents will oblige the borrower to ensure that equipment purchases, services and works are procured according to the Bank’s usual criteria.