Release date: 17 July 2024
Promoter – Financial Intermediary
PBZ LEASING DOO,PRIVREDNA BANKA ZAGREB DDLocation
Description
The operation is structured as multiple beneficiary intermediated loan (MBIL) to Privredna Banka Zagreb (PBZ), part of Intesa SanPaolo SpA's Group, to support Croatian small and medium sized enterprises (SMEs) and mid-caps implementing their energy transition and their liquidity needs in a time of rising interest rates and geopolitical challenges. 20% of the loan will be dedicated to Climate Action projects promoted by the final beneficiaries in their sustainability transition. The loan will be implemented 100% in a cohesion region.
Objectives
The MBIL will finance eligible SMEs and mid-caps' investments and working capital needs in Croatia. At least 20% of the facility will be dedicated to climate action and environmental sustainability projects, whilst the entire lending line will bear fully Cohesion target being the entire national territory eligible.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 100 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
Under appraisal - 31/07/2023
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).