📋 Tender Overview
Project ID: 56566
Status: In Exploratory, Pending Final Review
Location: Serbia
Business Sector: Financial Institutions
Notice Type: Private
Environmental Category: BE
Approval Date: 01 Jul 2025
Disclosure date: 02 Jul 2025
Project Description
Provision of a subordinated Tier 2 loan of up to RSD 1.4 billion (€12 million equivalent) to ProCredit Bank AD Belgrade ("PCB"). The loan will help strengthen PCB's Tier 2 capital to support growth plans and optimize capital structure. In addition, the loan aims to support PCB in building the funding base for the minimum requirement for own funds and eligible liabilities ("MREL"). Proceeds of the loan will be used to finance eligible green and inclusive sub-projects.
Project Objectives
EBRD is seeking to support the resilience of PCB, by contributing to the optimisation of its capital structure through the increase of Tier 2 capital and thus support PCB's growth plans. Moreover, the proceeds from the loan will be used by PCB to support investments in the green economy (70% of the loan proceeds) as well as youth and women-led/owned SMEs (30% of the loan proceeds and 100% of the 1.4x on-lending multiple) in Serbia.
Transition Impact
ETI score: 62
The project supports the Resilient, Green and Inclusive Transition Qualities. Expected transition impact will stem from strengthening PCB's capital base and supporting growth for a leading SME-lending bank in Serbia. The loan will help PCB invest in environmentally sustainable sub-projects, and enhance access to finance for underserved segments, including women and youth-led/owned SMEs.
