Contribute Information
Can you contribute information about this project?
Contact the EWS Team
As stated by the EIB, the project consists in a Linked Risk Sharing guarantee to Zagrebacka Banka DD (ZABA) covering up to 50% of the losses of each defaulted loan of a portfolio of loans to mid-caps and public sector entities.
The unfunded risk participation scheme will enhance access to finance for the target beneficiaries supporting their investment efforts. In addition, 20% of the total project amount will be dedicated to support the transition into alternative sustainable energy sources and energy efficiency projects for existing commercial and public buildings.
Both EIB and ZABA aim to further catalyse finance for mid-caps bringing a positive impact on the whole economy, especially in light of economic uncertainty exacerbated by the war in Ukraine, supply chain bottlenecks, energy security and lasting effects of the pandemic.
As stated by the EIB, Zagrebacka banka was formed in 1977 and is today part of UniCredit Group. ZABA was the first Croatian bank to be listed on the Zagreb Stock Exchange in 1995. As the country’s largest bank, its services are used by 80 000 businesses and over 1 million individuals.
No project contact information provided by the EIB.
Financial Intermediary - Zagrebacka Banka d.d.:
Phone: +385 13773333
Email: zaba@unicreditgroup.zaba.hr
Website: https://www.zaba.hr/
ACCESS TO INFORMATION
You can submit an information request for project information at: https://www.eib.org/en/infocentre/registers/request-form/request-form-default.htm
ACCOUNTABILITY MECHANISM OF EIB
The EIB Complaints Mechanism is designed to facilitate and handle complaints against the EIB by individuals, organizations or corporations affected by EIB activities. When exercising the right to lodge a complaint against the EIB, any member of the public has access to a two-tier procedure, one internal - the Complaints Mechanism Office - and one external - the European Ombudsman. A complaint can be lodged via a written communication addressed to the Secretary General of the EIB, via email to the dedicated email address: complaints@eib.org, by completing the online complaint form available at the following address: http://www.eib.org/complaints/form via fax or delivered directly to the EIB Complaints Mechanism Division, any EIB local representation office or any EIB staff. For further details, check: http://www.eib.org/attachments/strategies/complaints_mechanism_policy_en.pdf
When dissatisfied with a complaint to the EIB Complaints Mechanism, citizens can then turn towards the European Ombudsman. A memorandum of Understanding has been signed between the EIB and the European Ombudsman establishes that citizens (even outside of the EU if the Ombudsman finds their complaint justified) can turn towards the Ombudsman on issues related to 'maladministration' by the EIB. Note that before going to the Ombudsman, an attempt must be made to resolve the case by contacting the EIB. In addition, the complaint must be made within two years of the date when the facts on which your complaint is based became known to you. You can write to the Ombudsman in any of the languages of the European Union. Additional details, including filing requirements and complaint forms, are available at: http://www.ombudsman.europa.eu/atyourservice/interactiveguide.faces