News Column

Unicredit Leasing Croatia - SME Credit Line

August 16, 2014

Business sector:Leasing Finance Public/Private: Private Environmental category: FI Target Board date: 17 Sept 2014 Status:Pending concept review PSD disclosed: 15 Aug 2014 Project Description : The EBRD is considering a senior loan of up to 30 million to UniCredit Leasing Croatia under the Croatian Leasing Sector Framework. The loan will be used to provide leases to SME, specifically for equipment, light commercial vehicles, trucks and trailers. Transition Impact : The proposed project will increase the access to long-term lease financing by local SME and help support the recovery of the Croatian leasing market. It will also improve transparency and reporting standards of the participating company to the regulator. The Client : UniCredit Leasing Croatia, a wholly owned subsidiary of the UniCredit Group, is the largest leasing company in Croatia with 439 million of assets at 31 March 2014. UCL is also the market leader in equipment leasing. EBRD Finance : Senior loan of up to 30 million with a maturity of 5 years and 2 year grace period. Project Cost : 30 million. Environmental Impact : Categorised FI. The Company will be required to comply with PRs 2 and 9, adopt and implement the Banks E&S Procedures for Leasing Companies and submit Annual Environmental and Social Reports to the Bank. Company Contact : Eugen Paic-Karega, CEO Business opportunities : For business opportunities or procurement, contact the client company. General enquiries : EBRD project enquiries not related to procurement: Tel: +44 20 7338 7168; Fax: +44 20 7338 7380 Email: Public Information Policy (PIP) : The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations.

Project completion date : 2015-12-31 12:00:00


Address : Heinzelova 33, 10000, Zagreb

Country :Croatia

Email :

Url :

Financier : European Bank for Reconstruction and Development (EBRD),

Financier address : European Bank for Reconstruction and Development (EBRD) One Exchange Square London EC2A 2JN United Kingdom Website :

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Source: TendersInfo (India)

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