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About Dropdown Description

World Bank building
About

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

Learn More

Our Impact Dropdown Description

Hands husking peas into a basket full of peas
Our Impact

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

Learn More

Our Products Dropdown Description

Young woman bending down to tending to her outside chores
What We Do

Explore different types of political risk insurance guarantees provided to investors and lenders.

Learn More

Projects Dropdown Descriptions

Hyundai building
Projects

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Search Projects
Bosnia and Herzegovina

Raiffeisenbank dd

$4.42 million
Financial Services
Project Brief
Not Active
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MIGA has provided an additional €4.75 million ($4.4 million) of coverage to Raiffeisen Zentralbank Osterreich AG (RZB) for the €5 million ($4.63 million) increase in its shareholder loan to Raiffeisenbank dd in Bosnia and Herzegovina. The coverage period remains at seven years, and coverage is against the risk of transfer restriction and expropriation of funds.

RZB's loan to Raiffeisenbank dd represents a further commitment to its subsidiary. In fiscal 2001, MIGA provided $3.8 million in coverage to RZB for a shareholder loan to the project entity. The loans are to finance the development of Raiffeisenbank's operations throughout Bosnia and Herzegovina, supporting the country's focus on accelerating the privatization of banks and enterprises and reforming the financial sector to help the country continue on its path of post-war recovery. More details of the project appeared in MIGA's 2001 Annual Report.

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