EBRD lends €10M to Bosnia's UniCredit Bank Mostar for green SME push
What's the deal? The European Bank for Reconstruction and Development (EBRD)Dealroom has a profile for this one. Try Dealroom → has approved a senior secured loan of up to €10 million ($11.7 million) to UniCredit Bank MostarDealroom has a profile for this one. Try Dealroom →, part of Italy's UniCredit Group. The debt will fund sub-loans to small and medium-sized enterprises (SMEs) in Bosnia and Herzegovina.
Where does the money go? The sub-loans target eligible SMEs looking to invest in sustainable projects, adopt international standards, and improve competitiveness and trade. The EBRD flagged green economy projects — especially in agribusiness supply chains — and better access to climate finance for women-led firms.
Why now? The loan comes weeks after UniCredit's Bosnian arm issued a €51 million MREL bond in June and reported an 8.4% year-on-year rise in first-half net profit. The financing runs under the EBRD's FIF - Regional - SME Go Green Programme.
UniCredit Bank Mostar is based in the Federation, one of the two entities that form Bosnia and Herzegovina. UniCredit Group operates a second bank in the country, UniCredit Bank Banja LukaDealroom has a profile for this one. Try Dealroom →, in the Serb Republic.
The signal: The EBRD continues to route capital through local banks to accelerate the region's green transition, using SMEs as the delivery channel. Tying the funds to climate finance for women-led firms points to a widening focus beyond pure decarbonisation.
Read more: seenews.com
Image credit: Generated with Gemini
