Project description
and objectives:
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A medium-term EUR 20 million credit facility for on-lending purposes.
Raiffieisen Bank dd BiH would use proceeds of the loan to provide medium-term
financing to its customers, small and medium sized enterprises (SMEs), as well
as retail sector clients.
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Transition impact:
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By providing scarce medium to long- term funding, the project will stimulate
growth within the private SME sector and at the same time support access to
term finance to SMEs in the regions where such finance is scarce.
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The client:
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Raiffeisen Bank dd BiH (RBBH) is ranked as the largest bank and is also one of
the most profitable in BiH. The Bank is majority owned by RZB, the leading
bank of the Austrian Raiffeisen Banking Group.
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EBRD finance:
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A EUR 20 million five-year credit facility.
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Total project cost:
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EUR 20 million.
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Environmental impact:
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RBBH has has been applying EBRD’s Environmental Procedures since 2000. RBBH
will be required to continue to:
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Implement EBRD’s Environmental Procedures for Financial Intermediated Local
Banks;
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Adhere to the Bank's Environmental Exclusion and Referral List;
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Ensure compliance of clients with applicable national requirements for
environment, health, safety, labour and public consultation.
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Technical
cooperation:
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None.
For consultant opportunities for projects financed by technical cooperation
funds, visit procurement
of consultants.
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Company contact:
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Edin Muftic, Chief Executive Officer
Danijela Ozme 4
71000
Sarajevo
Bosnia and Herzegovina
Phone/Fax:+387 33 214-900
Email: edin.muftic@rbb-sarajevo.raiffeisen.at
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EBRD contact:
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Tamir Mostarac, Operation Leader: mostarat@ebrd.com
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Business opportunities:
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For business opportunities or procurement, contact the client company.
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General enquiries:
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EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168; Fax: +44 20 7338 7380
Email: projectenquiries@ebrd.com
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