π Tender Overview
Location: Serbia
Project number: 55883
Business sector: Financial institutions
Notice type: Private
Environmental category: FI
EBRD Finance Summary: EUR 15,000,000.00
Total Project Cost: EUR 15,000,000.00
Project Description
Provision of a senior unsecured loan in the amount of up to β¬15 million to Banca Intesa Beograd ("BIB"), for on-lending to eligible women-led SMEs in line with the criteria under Western Balkans Women in Business Programme Phase II ("WB WiBP II").
Project Objectives
The project will contribute to women's economic inclusion by supporting women-led SMEs' access to finance and business advisory services.
Transition Impact
ETI score: 68
The project contributes to the objectives of the WB WiBP II, supporting the Transition Impact qualities of Inclusive and Competitive. The project will contribute to women's economic inclusion by supporting women-led SMEs' access to finance and business advisory services, while demonstrating the business case for scaling-up lending to the women-led SME segment. Transition impact is also expected to derive from market expansion in line with the EBRD Financial Intermediaries Framework.