Transcript Riccardo Aguglia

Banks and Microfinance
Case studies
Palma de Mallorca, 22nd Apr 2013
Banks and Microfinance:
Case Studies
BCP Millennium - Portugal:
 One of the largest Banks in Portugal
 A guarantees (including extension) for a portfolio volume of
approx. EUR 9m
 Programme to be implemented across Portugal
 Focused mainly on unemployed persons for self-employment
BCC Mediocrati - Italy:
 Part of the Italian ICCREA network (400 banks across Italy)
 Regional Bank with strong attention to the local economy
(covering urban, rural and remote areas)
 EUR 3m Senior Loan with leverage of 1.5 (total lending target
EUR 4.5m) to support micro-business growth
 No collateral requirement to final beneficiaries
Banks and Microfinance:
Case Studies
Banco Espírito Santo - Portugal:
 A approx. EUR 100bn bank, one of the largest in Portugal
 EUR 8.75m senior loan signed
 Average of EUR14k of microcredits for entrepreneurs and
microenterprises looking to grow and job creation
 Programme to be implemented across Portugal
Banca Transilvania - Romania:
 Largest local bank in Romania
 Strong presence in Transilvania, but also throughout the country
 EUR 7.5m EPMF senior loan
 Strong placement capacity of microloans, including rural areas
Banks and Microfinance:
Case Studies
FM Bank - Poland:
 Sole microfinance organization in Poland being a licenced bank
 Presence throughout the country and fast expansion
 PLN 68.7m EPMF guarantee
 Owned by private equity fund
Société Générale Express Bank - Bulgaria:
 Leading universal bank in Bulgaria
 Part of SG Group, better rating than country
 EUR 8.5m EPMF senior loan
 Development of microloan activity as new active market niche
Banks and Microfinance:
Case Studies
Cooperative Central Bank - Cyprus:
 Central Cooperative Bank in Cyprus working with more than 100
small cooperative institutions
 Thanks to the sub-intermediary structure able to reach the entire
Island (urban, rural and remote areas)
 EUR 8m Senior Loan with leverage of 2 (total lending target EUR
16m) to further support business growth
SEFEA - Italy
 Investment vehicle of FEBEA network
 EUR 2m EPMF senior loan
 On-lend to small MFIs in Italy
 Strong support from members