📋 Tender Overview
Location: Serbia
Project number: 55733
Business sector: Financial institutions
Notice type: Private
Environmental category: FI
EBRD Finance Summary: EUR 15,000,000.00
Total Project Cost: EUR 15,000,000.00
Project Description
A senior unsecured loan of up to €15 milion to be provided to Banca Intesa Beograd ("BIB"), under the FIF - Go Digital in the Western Balkans Programme.
Project Objectives
The proceeds of the Bank's investment will be used for providing a combination of specialised financing for automation, digitalisation, competitiveness and green technologies to eligible SMEs in accordance with the respective Policy Statement. At least 60% of the total investments shall be in eligible automation and digitalisation projects, of which at least 60% shall be GET eligible. Furthermore, at least 60% of the total investments shall be GET eligible.
Transition Impact
ETI score: 65
The Programme's objective and structure support the Competitive and Green transition qualities by facilitating SME's increased competitiveness and prioritising investments that result in compliance with EU Directives, as well as in promoting digitalisation in countries where SMEs lag behind on competitiveness and digital readiness. The Programme will also facilitate investments in green technologies that will drive the region's transition to an environmentally sustainable, lower-carbon and climate-resilient green economy.
