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According to the Bank’s website, the project consists of the provision of a long-term senior secured loan to Raiffeisen Bank dd BiH ("RBBH") for on-lending to Youth micro, small and medium-sized enterprises ("MSMEs") in Bosnia and Herzegovina ("BiH"). The loan is envisaged under the WB Youth in Business Programme ("WB YiB").
The project will contribute to youth's economic inclusion by supporting youth-led MSMEs' access to finance and business advisory services.
Categorised FI (ESP 2024). RBBH is an existing client with satisfactory environmental and social (E&S) performance under its current exposures.
A long-term senior secured loan to the client.
RAIFFEISEN BANK DD BOSNIA AND HERZEGOVINA - RBBH is a universal bank, headquartered in Sarajevo, operating through 84 branches in BiH with 1,382 employees. The bank is ranked second in terms of total assets (13.4% market share), loan portfolio (11.9% market share) and deposits (13.6% market share) at Q3 2024.
COMPANY CONTACT INFORMATION
Emira Cehajic
emira.cehajic@raiffeisengroup.ba
+387 33 287 764
https://www.raiffeisenbank.ba
Zmaja od Bosne bb 71000 Sarajevo Bosnia and Herzegovina
ACCESS TO INFORMATION
You can request information by emailing: accessinfo@ebrd.com 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: pcm@ebrd.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