PROJECT

Projects

Summary of Investment Information

Project Number

36783

Company Name

UniCredit Leasing Corporation IFN S.A.

Date SPI Disclosed

May 29, 2015

Country

Romania

Region

Europe

Projected Board Date

Jun 30, 2015

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Sep 30, 2022

Department

Regional Industry - FIG - ECA

Industry

Financial Markets

Previous Events

Approved : Jul 20, 2015
Signed : Sep 20, 2017
Invested : Nov 14, 2017

Sector

Leasing Services

Project Description

The proposed project consists of a senior loan facility of up to RON150 million to UniCredit Leasing Corporation IFN SA (“UCLC”), which would be a new client for IFC in Romania. The purpose of the loan is on-lending to SMEs.
Established in 2002, UCLC is the largest leasing company in Romania with a market share of 18.3% as at December 2014.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation