SPLITSKA BANKA DD MORTGAGE CREDIT LINE

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Project ID 27619

Status Complete

Location

Croatia

Business Sector

Financial Institutions

Notice Type

Private

Project timeline

Exploratory
Passed Concept Review
Passed Structure Review
Passed Final Review
Board Approved
Signed
Implementing
Completed

Project ID 27619

Status Complete

Location

Croatia

Business Sector

Financial Institutions

Notice Type

Private

Environmental Category

Approval Date

05 Nov 2002

Disclosure date

20 Sep 2002

As per section 1.4.2 (iii) of the Directive on Access to Information: "For Projects approved by Bank management where the Board of Directors has delegated the approval authority, the PSD shall be disclosed at the start of the relevant no-objection notification period to a member country of the Bank in accordance with Article 13 (iii) of the Agreement Establishing the EBRD."

Project Description

A proposed up to EUR 20 million dedicated mortgage finance facility with 12 years maturity. The proposed facility would enable HVB to make long-term housing loans to private customers for the purpose of purchasing (or renovating) their residences in Croatia.

The mortgage facility would enable HVB to make long-term housing loans to individuals in Croatia.

Transition Impact

Expected transition impact derives from development and enhanced competition in the provision of mortgage finance in Croatia.

The Client

HVB Bank Croatia d.d., a subsidiary of Bank Austria Group, headquartered in Zagreb, with assets in excess of €405 million and capital of €45.8 million as of December 2001.

EBRD Finance

A proposed loan of € 20 million to HVB with a maturity of 12 years.

Project Cost

€ 20 million

Environmental Impact

HVB would assess environmental issues associated with housing loans as part of its property surveys. Sub-loans are required to comply, with national health, safety and environmental regulations and standards. HVB would report to the Bank annually on environmental health and safety matters.

Technical Cooperation

None.

Company Contact

Transition impact

ETI Score:35

PSD last updated

01 Feb 2019

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

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