Award for Minibonds issuance program

It’s our great pleasure to announce  that the Corporate, SME, Small Business of IBD, Intesa Sanpaolo’s International Banks Division, through the Croatian bank of the Group Privredna Banka Zagreb (PBZ) has been awarded at the Finance Community Awards 2024 held in Milan in the SME INTERNATIONAL GROWTH FINANCING category. The Division has been nominated for the minibonds issuance program dedicated to small and medium-sized enterprises, an innovative financial instrument set to revolutionize how businesses access capital; in particular, Intesa Sanpaolo launched the first minibond in Croatia thanks to the contribution of PBZ, which has supported mini bonds issuance of popular gourmet burger chain Submarine. Lino Di Santo, Head of Commercial Strategy, Business Development SME Network at IBD Corporate, SME, Small Business, received the award along with  Vedrana Jelušić Kašić, Member of the Management Board of PBZ, and colleagues from the Division and PBZ.

“We are proud of this award, which recognizes the Minibond initiative of Intesa Sanpaolo and PBZ as an innovative way of supporting the growth of the SMEs and facilitating their future access to the capital markets and a larger pool of the investors. Our Capital Markets team stands by to support our corporate clients in issuing either debt or equity financial instruments. Special thanks to our colleagues from IBD Intesa Sanpaolo for endorsing the minibonds initiative",  said Vedrana Jelušić Kašić, member of the Management Board of PBZ responsible for corporate banking and SME.