Original disclosure @ EBRD website
Updated in EWS Sep 26, 2022
Disclosed by Bank Dec 7, 2021
Can you contribute information about this project?
Contact the EWS Team
According to the Bank's website, the project provide funding to Victoriabank to finance on-lending to eligible micro, small and medium-sized enterprises under SME Competitiveness Programme in the Eastern Partnership of the EU.
Victoriabank (VB), the third largest commercial bank in Moldova with a market share of 14.8% by total assets at end-August 2021, a long-standing client of the EBRD. VB is majority owned by VB Investment Holding B.V., the Netherlands, with 72.19% stake in VB. VB Investment Holding B.V. is owned 61.82% by Banca Transilvania (BT), Romania, and 38.18% by EBRD.
PROJECT CONTACT INFORMATION
ACCESS TO INFORMATION
You can request information by emailing: firstname.lastname@example.org or by using this electronic form: https://www.ebrd.com/eform/information-request
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 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