According to bank provided information, the project involves provision of a senior unsecured loan to Commercial International Bank (CIB) of up to USD 100 million, under the Bank's Resilience Framework (RF) developed to address the ramifications of the COVID-19 pandemic.
Proceeds of the proposed loan will be on-lent to local private Small and Medium Enterprises (SMEs), and to Corporates, supporting them in bridging liquidity needs that may arise as a result of the pandemic.
Nile Tower Building 21/23 Charles de Gaulle St. Giza Cairo, Egypt
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 firstname.lastname@example.org 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.