📋 Tender Overview
Location:
Bosnia and Herzegovina
Project number:
56185
Business sector:
Financial institutions
Notice type:
Private
Environmental category:
FI
Approval date:
04 Mar 2025
Status:
Pending Approval
English-language PSD published:
14 Mar 2025
Project Description
A senior loan of up to €3 milion to be provided in two equal tranches under the FIF - Go Digital in the Western Balkans Programme ("Go Digital in WB" or "Programme").
Project Objectives
The transaction will support the aim of the Programme to: (i) advance innovation and competitiveness of the private sector via targeted investments among SMEs for a higher utilisation of digitalisation and automation technologies; (ii) support transition to green economy ("GET technologies"); (iii) increase the capacity and trade potential of SMEs via increased access to finance to allow them to invest additional resources to introduce EU standards; and (iv) promote more equitable access to finance for automation and digitalisation investments for women-led SMEs, and improve the competitiveness and sustainability of end-benecifiaries business operations.
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.
Client Information
PROCREDIT BANK DD
ProCredit Bank dd BiH ("PCBiH") is an SME-oriented commercial bank in Bosnia and Herzegovina ("BiH") with 2.3% market share in terms of assets, 2.6% in terms of net loan portfolio, and 2.3% in terms of deposits (at end-3Q 2024).
EBRD Finance Summary
EUR 3,000,000.00
Total Project Cost
EUR 3,000,000.00
Additionality
Additionality is achieved by combining mid-term financing with technical assistance and targeted investment incentives into a package that supports automation and digitalisation of SMEs in BiH.
A Gender SMART component promotes equitable access to finance for women-led SMEs, with specialized training to improve digitalisation readiness, project appeal, and gender-responsive outreach strategies.
Environmental and Social Summary
Categorised FI (ESP 2024). ProCredit Bank is an existing Client of the Bank and its environmental and social (E&S) performance to date under existing exposures has been compliant with the Bank's Performance Requirements 2, 4 and 9 under the 2019 Environmental and Social Policy (ESP) as demonstrated through its 2023 Annual Environmental and Social Report. Through this transaction, PCBiH will apply Environmental and Social Requirements 2, 4 and 9 under the 2024 ESP and imple
