PROJECT

Projects

Summary of Investment Information

Project Number

42345

Company Name

UniCredit Leasing Corporation IFN S.A.

Date SPI Disclosed

Sep 16, 2019

Country

Romania

Region

Europe

Projected Board Date

Apr 15, 2020

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Nov 2, 2025

Department

Regional Industry - FIG - ECA

Industry

Financial Markets

Previous Events

Approved : Apr 30, 2020
Signed : Nov 11, 2020
Invested : Apr 22, 2021

Sector

Leasing Services

Project Description

The proposed project consists of an IFC senior debt investment of up to Euro 55 million to UniCredit Leasing Corporation IFN S.A. (UCLC, or the Company), to help scale up the Company’s SME portfolio, with 40 percent of the proceeds channelled to funding eligible sustainable energy finance (SEF) projects.

The proposed investment fits IFC’s strategy as it will boost access to both SME and climate finance in the country.

Established in 2002, UCLC is according to public media the largest financial leasing company in Romania. It is part of the UniCredit Group and an existing IFC client since 2017.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation