๐ Tender Overview
Reference: 20240807
Release date: 3 March 2025
Promoter โ Financial Intermediary
ACCEPTABLE BANK(S),CROATIAN BANK FOR RECONSTRUCTION AND DEVELOPMENT
Location
Croatia
Description
The operation consists of a multi-beneficiary intermediated loan (MBIL) to support private and public investments promoted by mid-caps, private sector entities as well as public sector entities in Croatia through the Croatian National Promotional Bank (HBOR). The project will have a dedicated climate action and environmental sustainability (CA&ES) lending window and will contribute 100% to Cohesion objectives.
Objectives
The aim is to enhance financing access to mid-caps, private-sector (non SMEs and non Mid-Caps) and public sector entities, focusing on investments that promote the green transition and climate resilience in Croatia.
Sector(s)
Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
not disclosed
Total cost (Approximate amount)
not applicable
Environmental aspects
The proposed operation falls within the scope of the EIB's Environmental and Social Standards - "Standard 11 Intermediated Finance". The Borrower / Financial Intermediary has adequate capacity, systems and processes in place for identifying, assessing, managing and monitoring environmental, climate and social (ECS) risks related to the potential sub-projects benefitting from EIB support. The Final beneficiaries will be required to comply with applicable national and EU legislation in respect of environmental and social matters, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Status
Under appraisal - 30/01/2025
