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    Signature(s)

    Amount
    € 50,000,000
    Countries
    Sector(s)
    Bosnia and Herzegovina : € 50,000,000
    Credit lines : € 50,000,000
    Signature date(s)
    28/06/2021 : € 50,000,000

    Summary sheet

    Release date
    13 November 2020
    Status
    Reference
    Signed | 28/06/2021
    20160124
    Project name
    Promoter - financial intermediary
    UBBL COVID19 RESPONSE FOR SMES & MIDCAPS LOAN
    UNICREDIT BANK AD BANJA LUKA
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    EUR 50 million
    not applicable
    Location
    Sector(s)
    Description
    Objectives

    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.

    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.

    Environmental aspects
    Procurement

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

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

    Disclaimer

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

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