Original disclosure @ EBRD website
Updated in EWS Jan 27, 2021
Disclosed by Bank Jan 6, 2021
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According to the bank website, "Provision of a senior unsecured 2-year loan to ProCredit Bank Albania (PCBA) of up to EUR 10 million to support lending operations amidst adverse consequences of the Covid-19 pandemic. The proceeds of the loan will be on-lent to eligible sub-borrowers in accordance with the Resilience Framework Policy Statement to cover companies' liquidity needs. Local private small and medium-sized enterprises ("SMEs") are expected to be the key beneficiaries given PCBA's focus on the SME sector."
Project contacts not available at the time of disclosure.
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