PROJECT

Projects

Summary of Investment Information

Project Number

49277

Company Name

RAIFFEISEN BANKA AD

Date SPI Disclosed

Jun 14, 2024

Country

Serbia

Region

Europe

Projected Board Date

May 31, 2024

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Jul 3, 2024

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : May 31, 2024
Signed : Jun 3, 2024
Invested : Jun 6, 2024

Sector

Commercial Banking - General

Project Description

The Project consists of an IFC investment for its own account, in Serbian Dinars (RSD) equivalent, in Minimum Requirement for Own Funds and Eligible Liabilities (MREL) debt instruments to be raised by Raiffeisen Banka a.d. Beograd (RBRS or the Bank). The proceeds will support the bank’s Micro, Small and Medium Enterprises (MSME) portfolio with at least 60% of proceeds to be allocated to Women-owned MSMEs (W-MSMEs).                                                  

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation