Societe Generale Leasing Serbia - SME Credit Line

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Translated version of this PSD: Serbian The EBRD is considering a senior loan to Sogelease Srbija d.o.o Beograd (“SGL” or the “Company”), a subsidiary of Societe Generale Bank Serbia (“SGS” or the “Parent”). 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, the EBRD will support SGL in diversifying its funding base as part of its broader strategy to move towards sustainable long-term funding sources. The transition impact will stem from expanding long-term leasing financing to SMEs, particularly outside the capital, for purchasing commercial vehicles and equipment. Additionally, the project will make a contribution towards lengthening SGL’s funding base to match the tenor of the underlying leases and going forward, accessing sustainable sources of financing. SGL is the seventh largest leasing company in Serbia as of end-March 2013 with a market share of 6.8% 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 20 million to be disbursed in two tranches. EUR 20 million. Categorised FI. SGL 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. Sogelease Srbija d.o.o Nadja Kostic Email: nadja.kostic@socgen.com Phone: +381 11 222 1 361