Project Notice |
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PNR | 65592 |
Project Name | FIF - PRS - Banca Intesa Belgrade (EFSD+2) |
Project Detail | Location: Serbia Project number: 55731 Business sector: Financial institutions Notice type: Private Environmental category: FI Approval date: 04 Dec 2024 Status: Exploratory English-language PSD published: 30 Oct 2024 Project Description Portfolio Risk Sharing ("PRS") in the form of an unfunded portfolio guarantee of up to €50 million provided by the Bank in favour of Banca Intesa Belgrade ("BIB"). The guarantee will cover up to 50% of the credit risk on a pro rata basis on the newly-generated micro, small and medium-sized entreprise ("MSME") loan portfolio of up to €100 million originated by BIB. Project Objectives The product aims to release BIBs risk-taking capacity to boost on-lending to MSMEs, addressing an MSME financing gap in the market. |
Funded By | European Bank for Reconstruction and Development (EBRD) |
Sector | Forestry |
Country | Serbia , All Region |
Project Value | RSD 100,000,000 |
Contact Information |
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Company Name | BANCA INTESA AD BEOGRAD |
Address | Snezana Topalovic Snezana.Topalovic@bancaintesa.rs 381 11 201 1400 381 11 201 1400 http://www.bancaintesa.rs/ Milentija Popovica 7b 11070 Novi Beograd |
Web Site | https://www.ebrd.com/work-with-us/projects/psd/55731.html |