Bosnia’s Sparkasse received €5mn from the EBRD for SME lending

By bne IntelliNews September 1, 2021

The European Bank for Reconstruction and Development (EBRD) said on August 31 that it has approved a loan of up to €5mn for Sparkasse Bank in Bosnia & Herzegovina for lending to local small and medium enterprises (SMEs). At least 60% of the use of proceeds will be green investments, the EBRD said. 

Sparkasse Bank is the fifth largest lender in Bosnia by assets (5.2% market share) and by loan portfolio (5.6% market share) as of end-2020.

The bank offers universal banking services to corporate, SMEs and individual clients through a network of 40 branches and outlets managed by the head office in Sarajevo and served by 530 employees. Sparkasse Bank is 100% owned by Steiermarkische Bank und Sparkassen AG, Austria.

Related Articles

Croatia’s Ericsson Nikola Tesla signs €4mn equipment deal with Bosnia’s HT Mostar

Croatian telecommunications equipment producer Ericsson Nikola Tesla (ENT) said on October 21 it has signed a deal worth HRK31mn (€4.12) with Bosnian telecoms operator HT Mostar on the upgrade and ... more

EBRD lending €5mn to Bosnian UniCredit Bank Banja Luka

The European Bank for Reconstruction and Development (EBRD) is extending a loan of up to €5mn to UniCredit Bank Banja Luka in Bosnia & Herzegovina to improve access to finance for local small ... more

EIB calls for investment in innovation for climate and post-pandemic recovery at Bled Strategic Forum in Slovenia

Financing innovation is key to driving the development of low-carbon technologies, European Investment Bank (EIB) president Werner Hoyer said at the Bled Strategic Forum in Slovenia on September 2. ... more

Dismiss