Intesa Leasing Serbia

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Translated version of this PSD: Serbian The EBRD is considering a senior loan of up to EUR 15 million to Intesa Intesa Leasing d.o.o Beograd (“ILS” or the “Company”), a subsidiary of Banca Intesa a.d. Beograd (“BIB” or the “Parent”), the largest bank in Serbia. The project aims to support small and medium-sized enterprises (SMEs) by increasing the availability of long-term financing for purchasing equipment and commercial vehicles. Furthermore, EBRD will support ILS in diversifying its funding base as part of its broader strategy to move towards sustainable long-term funding sources. The transition impact derives from expanding long-term leasing financing to SMEs, particularly outside the capital, for purchasing equipment and commercial vehicles. Especially the acquisition of agricultural machinery and renewable energy equipment will be fostered. Additionally, the project will make a contribution towards lengthening ILS’ funding base to match the tenor of the underlying leases and accessing sustainable sources of financing going forward. ILS is the third largest leasing company in Serbia as of end-March 2013 with a market share of 9.0% in terms of total assets. The Company is specialised on leases to SMEs with a strong foothold in equipment and commercial vehicle leasing. Senior loan of up to EUR 15 million to be disbursed in two tranches. EUR 15 million. Categorised FI. ILS will be required to comply with EBRD's PR 2 and PR 9 and submit annual reports on environmental & social matters and the implementation of the PRs to EBRD. None. INTESA LEASING doo Beograd Cara Uroša 54 Belgrade, Serbia Slavko Dukic, CFO E-mail: slavko.dukic@intesaleasing.rs For business opportunities or procurement, contact the client company.