PROJECT

Projects

Summary of Investment Information

Project Number

35774

Company Name

UniCredit Bank d.d.

Date SPI Disclosed

May 20, 2015

Country

Bosnia and Herzegovina

Region

Europe

Projected Board Date

Jun 22, 2015

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Aug 13, 2023

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Jul 20, 2015
Signed : May 11, 2016
Invested : Mar 27, 2017

Sector

Commercial Banking - General

Additional Project Attributes

Blended Finance

Project Description

The proposed project is a senior loan to UniCredit Bank d.d. (“UCI BiH”) in the amount of EUR5 million, up to 10 years
maturity, to provide much needed long term financing to support UCI BiH’s on-lending activities for EE/RE projects.

Associated Advisory Engagement

Project# 575567 – RE Bosnia SHPP: Balkan Renewable Energy Program team (part of IFC AS Cross-Cutting products, Energy & Efficiency BL) signed the Project Service Agreement with UCI BiH in September 2014 and provided them (together with another UniCredit subsidiary in BiH – UniCredit Banjaluka) with three day training related to Small Hydro Power Plants (“SHHP”). IFC obligation is to support them as well on the first two SHPP assessments to follow the training delivery.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation