Project Notice
|
| PNR |
70576 |
| Project Name |
Western Balkans GEFF III - Intesa Sanpaolo BiH |
| Project Detail |
As per section 1.4.2 (iii) of the Directive on Access to Information: For Projects approved by Bank management where the Board of Directors has delegated the approval authority, the PSD shall be disclosed at the start of the relevant no-objection notification period to a member country of the Bank in accordance with Article 13 (iii) of the Agreement Establishing the EBRD. Provision of a senior unsecured loan of up to €2 million to Intesa Sanpaolo BiH (ISP BiH) for on-lending to the residential sector in BiH. The loan is envisaged under the Western Balkans Green Economy Financing Facility III - REpower (WB GEFF III). This will enable the bank to promote green economy investments in the country. Project Objectives The proceeds of the loan will be used to provide financing to ISP BiH for gender-responsive on-lending to eligible sub-borrowers in the residential sector for investments supporting Green Economy Transition (GET) - eligible residential renewable energies and energy efficient technologies. |
| Funded By |
European Bank for Reconstruction and Development (EBRD) |
| Sector |
Banking & Finance |
| Country |
Bosnia And Herzegovina , Southern Europe |
| Project Value |
BAM 2,000,000
|
