📋 Tender Overview
Project ID: 56229
Status: Signed
Location: Croatia
Business Sector: Financial Institutions
Notice Type: Private
Environmental Category: BE
Approval Date: 07 May 2025
Disclosure date:02 Jun 2025
Project Description
In May 2025, the EBRD invested EUR 20 million in the EUR 300 million senior preferred bond issued by Raiffeisenbank Austria d.d. Zagreb ("RBA"), the sixth largest bank in Croatia. The bond has a 4NC3 tenor and is listed on Luxembourg Stock Exchange.
Project Objectives
The Project supports the resilience and regulatory compliance of a systemically important bank in Croatia and contributes to capital market development. The Project also delivers on the Bank's green agenda in Croatia.
Transition Impact
ETI score:65
expected transition impact of the Project stems from its contribution to the Resilient and Green transition qualities.
Resilient: The Project will contribute to (i) strengthening the resilience of a systemically important bank in Croatia, supporting its regulatory compliance, as well as diversifying RBA's funding sources and (ii) capital market development by facilitating continuous capital market issuances by a Croatian bank issuer.
Green: The operation will strongly support the Bank's GET approach in Croatia through RBA allocating 135% of EBRD's investments in non-labelled SP bonds to GET-eligible projects.
