According to the bank website:
The proposed project is to invest up to US$100 million equivalent (in RON and/or EUR) for IFC’s own account in Minimum Requirement for Own Funds and Eligible Liabilities (MREL) eligible bonds (senior preferred, SP, and senior non-preferred, SNP) with up to 7 years tenor to be issued by Raiffeisen Bank S.A. (RBRO or the Bank), in line with its funding plan. The bonds will be issued under the Bank’s recently developed Sustainability Bond Framework which is aligned with ICMA’s Green Bond Principles, Social Bond Principles, and Sustainability Bond Guidelines, as confirmed by an independent second party opinion provider, and as such will support the growth of a sustainable economy in Romania.
Under the proposed project, IFC would invest on its own account up to US$100 million equivalent in RON and/or EUR denominated MREL-eligible bonds to be issued by RBRO under its sustainability bonds program. IFC’s investment in each issuance, including both SP and SNP bonds, will depend on market interest and allocation resulting from a book-building process.
Raiffeisen Bank S.A.
Director of Balance Sheet and Portfolio Management
246D Floreasca Avenue, Bucharest
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries
If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.
ACCOUNTABILITY MECHANISM OF IFC/MIGA
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org