Original disclosure @ EBRD website
Updated in EWS Aug 17, 2022
Disclosed by Bank Aug 4, 2022
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According to bank provided information, the investment involves the provision of a senior unsecured loan of up to USD 40 million to the National Bank of Kuwait S.A.E (NBKE) under the Financial Intermediaries Framework ("FIF"), to be on lent to eligible Micro small and medium enterprises ("MSMEs")
The EBRD loan will support NBKE's lending activities and expand access to finance for the underserved MSME segment.
ACCESS TO INFORMATION
You can request information by emailing: email@example.com 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: 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