Original disclosure @ EBRD website
Updated in EWS Dec 14, 2022
Disclosed by Bank Oct 11, 2022
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According to the Bank’s website, the project consists of the provision of a EUR100 million long-term senior unsecured loan in five equal tranches to Unicredit Bank Serbia (UCB) for on-lending to small and medium-sized enterprises (SMEs) in Serbia. The loan is extended under the EBRD Financial Intermediaries Framework (FIF) and UCB will have an option to choose the currency of each loan tranche (EUR or RSD) prior to the disbursement.
The loan is intended to facilitate the expansion of lending to private businesses through working capital lines and investment loans, including to enterprises operating in less economicallydeveloped regions of the country. Furthermore, the transaction supports UCB's growth strategy and provides a source of medium term local currency funding.
COMPANY CONTACT INFORMATION
Jurija Gagarina 12, Belgrade, Serbia
ACCESS TO INFORMATION
You can request information by emailing: firstname.lastname@example.org or by using this electronic form: https://www.ebrd.com/eform/information-request
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent.
You can contact the PCM at: email@example.com or you can submit a complaint online using an online form at: http://www.ebrd.com/eform/pcm/complaint_form?language=en
You can learn more about the PCM and how to file a complaint at: http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html