| Project Detail |
Project Description
Provision of a senior unsecured loan in the amount of up to EUR 8 million in a single tranche to Banka Intesa Beograd ("BIB"), a joint-stock company incorporated in Serbia, for on-lending to eligible women-led SMEs in line with the criteria under Western Balkans Women in Business Programme Phase II ("WB WiBP II").
The proposed operation is the fifth successive loan to BIB under WB WiBP following the full and successful utilisation of the previous facilities.
Project Objectives
The project will contribute to womens economic inclusion by supporting women-led SMEs access to finance and business advisory services.
Transition Impact
ETI score: 68
The project contributes to the objectives of the WB WiBP II, supporting the Transition Impact qualities of Inclusive and Competitive:
Inclusive: The project will contribute to womens economic inclusion by supporting women-led SMEs access to finance and business advisory services, while demonstrating the business case for scaling-up lending to the women-led SME segment.
Competitive: Transition impact is expected to derive from market expansion in line with EBRD Financial Intermediaries Framework. |
