This project provides financing to Belinvestbank with the stated aim of diversifying the bank's funding base, and expanding lending to private micro, small and medium-sized enterprises (MSMEs) in Belarus.
BELARUSIAN BANK FOR DEVELOPMENT AND RECONSTRUCTION (BELINVESTBANK JSC)
Belinvestbank is the sixth largest bank by total assets among 24 banks in Belarus with a market share of 5.5 per cent at end-June 2018. The bank is majority controlled by the state with a combined direct and indirect stakes of 99.1 per cent, with the remaining minor stakes held by various legal entities and individuals. It has a large regional network of about 125 sales offices covering all 6 regions of the country and providing full range of services to businesses and retail clients.
+375 17 239 55 18
29, Masherova Avenue, 220002, Minsk, Republic of Belarus
ACCOUNTABILITY MECHANISM OF EBRD
The Project Complaint Mechanism (PCM) is the independent complaint mechanism and fact-finding body for people who have been or are likely to be adversely affected by an European Bank for Reconstruction and Development (EBRD)-financed project. If you submit a complaint to the PCM, it may assess compliance with EBRD's own policies and procedures to prevent harm to the environment or communities or it may assist you in resolving the problem that led to the complaint through a dialogue with those implementing the project. Additionally, the PCM has the authority to recommend a project be suspended in the event that harm is imminent. You can contact the PCM at email@example.com or you can submit a complaint online using an online form, http://www.ebrd.com/eform/pcm/complaint_form?language=en. You can learn more about the PCM and how to file a complaint at http://www.ebrd.com/work-with-us/project-finance/project-complaint-mechanism.html.