PROJECT

Projects

Summary of Investment Information

Project Number

51090

Company Name

RAIFFEISENBANK AUSTRIA D.D.

Date SPI Disclosed

May 27, 2025

Country

Croatia

Region

Europe

Projected Board Date

Apr 18, 2025

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

May 27, 2025

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Apr 18, 2025
Signed : May 13, 2025
Invested : May 21, 2025

Sector

Commercial Banking - General

Project Description

         The proposed project consists of an up to EUR 100 million investment in Ordinary Senior Eligible Notes, classified as MREL (Minimum Requirement for own funds and Eligible Liabilities) eligible bonds, to be issued by Raiffeisen Austria d.d. Zagreb (Raiffeisen Croatia or RBA). The investment will be disbursed in two tranches with the first one expected to be EUR 40 million. The proceeds from the IFC investment will be dedicated entirely to supporting climate investments in Croatia. 10% of the total proceeds will be specifically allocated to blue finance with a target of reaching 20% on best efforts.                    

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation