Original disclosure @ EBRD website
Updated in EWS Feb 4, 2021
Disclosed by Bank Dec 3, 2020
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According to the bank website, "The project entails a EUR 25 million equivalent senior loan to Pravex Bank guaranteed by the parent Intesa Sanpaolo S.p.A. The loan will be used for on-lending to eligible sub-borrowers, mainly small and medium-sized enterprises (SMEs), under the EBRD Resilience Framework.
By targeting SMEs and more broadly corporates through the proposed facility, the EBRD will indirectly finance Ukraine's crisis-hit real economy clients."
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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: firstname.lastname@example.org or you can submit a complaint online using an online form at: 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