📋 Tender Overview
Location: Romania
Project number: 55670
Business sector: Financial institutions
Notice type: Private
EBRD Finance Summary: EUR 70,000,000.00
Total Project Cost: EUR 70,000,000.00
Project Description
Senior loan of up to EUR 70 million to UniCredit Leasing Corporation IFN S.A. (UCL) under the Financial Intermediary Framework.
Project Objectives
The proceeds of the Bank's investment will be used for providing leases to small and medium-sized enterprises (SMEs) in Romania, in accordance with the FIF-SME Policy Statement. At least 40% of the investments will be in line with the Green Economy Transition ("GET") criteria.
Transition Impact
ETI score: 60
The project will support the Financial Intermediary Framework qualities by enhancing both UCL's competitiveness by helping to expand its SME portfolios and its resilience by helping ensure prudent leasing practises and adequate portfolio quality. With its wide regional outreach, UniCredit Leasing is well positioned to provide finance to MSMEs and attract new MSME clients.
