Original disclosure @ EBRD website
Updated in EWS Apr 6, 2022
Disclosed by Bank Jun 17, 2020
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This is a senior unsecured loan under the Regional SME Competitiveness Support Programme ("CSP")
The proceeds of this loan will be to support investments in small and medium-sized enterprises (SMEs) to upgrade production facilities and comply with various EU Directives in the field of environmental protection, workers' safety and product quality and safety. The investments will be selected based on the technical and financial eligibility criteria set forth in the Policy Statement. Support to SMEs is tailored as a combination of access to finance with TC and non-TC assistance. At least 60% of the use of proceeds will be related to Green Economy Transition ("GET") investments.
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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.