Nova Banjalucka Banka

Promoter – Financial Intermediary

Nova Banjalucka Banka, Banja Luka

Location

• Bosnia and Herzegovina

Description

Credit line for financing of limited scale projects of small and medium enterprises and local infrastructure projects of local authorities.

Objectives

Make available access to long-term funds at affordable interest rates to sectors of economy with least availability of financing - small and medium size enterprises and local authorities.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 25 million.

Total cost (Approximate amount)

Not applicable.

Environmental aspects

The financial intermediary will be requested to ensure compliance of the sub-projects with relevant national and EU environmental laws, as appropriate.

Procurement

The financial intermediary will be requested to ensure compliance of the sub-projects with EU directives, in particular for the award of public sector contracts, as may be appropriate.

Status

Signed - 30/06/2008