Early Warning System

Countries

Palestine, West Bank, Gaza

Geographic location where the impacts of the investment may be experienced.

Financial Institutions

European Bank for Reconstruction and Development (EBRD)

International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.

Project Status

Approved

Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.

Bank Risk Rating

Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."

Voting Date

Sep 23, 2026

Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.

Borrower

The National Bank PLC

A public entity (government or state-owned) provided with funds or financial support to manage and/or implement a project.

Sectors

Finance

The service or industry focus of the investment. A project can have several sectors.

Investment Type(s)

Loan

The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.

Investment Amount (USD)

$ 5.00 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Project Cost (USD)

$ 3.00 million

Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.

Primary Source

Original disclosure @ EBRD website

Updated in EWS Oct 1, 2026

Disclosed by Bank Aug 12, 2026

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Project Description

If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to bank provided information, the investment involves the provision of a USD 5.0 million (EUR 4.4 million) financing package in favor of The National Bank (TNB), comprised of: (i) a USD 3.0 million loan under the West Bank and Gaza (WB&G) Green Economy Financing Facility (GEFF) for on-lending to eligible Micro, Small, and Medium Enterprises (MSMEs) and residential sub-borrowers based in the West Bank; and (ii) a USD 2.0 million Women in Business (WiB) loan for on-lending to eligible women-led businesses in the West Bank.

The GEFF loan will be accompanied by a comprehensive package of incentive grants and technical assistance funded by the WB&G Multi-Donor Trust Fund. The WiB loan will be accompanied by a 20% first-loss risk cover (FLRC) funded by the European Union (EU) through its Initiative for Financial Inclusion (Neighbourhood Investment Facility - Southern and Eastern Mediterranean (SEMED) Financial Inclusion Programme).

The proposed USD 3.0m GEFF loan will enable TNB to continue scaling up green investments in the West Bank through gender responsive on-lending to MSMEs and residential sub-borrowers for investments in small-scale renewable energy, water, energy and resource efficiency projects, including the circular economy concept, and support of relevant green technology supply chains. The WiB loan will enable TNB to expand lending to women led MSMEs, a critically underserved segment of the Palestinian economy.

Investment Description

Here you can find a list of individual development financial institutions that finance the project.

European Bank for Reconstruction and Development (EBRD)

USD 5,000,000 out of EBRD's WB&G Net Income Allocation Trust Fund, split between:

(i) USD 3,000,000 for WB&G Green Economy Financing Facility (GEFF); and

(ii) USD 2,000,000 for WB&G Women in Business Facility (WiB).

Financial Intermediary

A financial intermediary is a bank or financial institution that receives funds from a development bank. A financial intermediary then lends these funds to their clients (private actors) in the form of loans, bonds, guarantees and equity shares. Financial intermediaries include insurance, pension and equity funds. The direct financial relationship is between the development bank and the financial intermediary.

The National Bank (Financial Intermediary)

Private Actors Description

A Private Actor is a non-governmental body or entity that is the borrower or client of a development project, which can include corporations, private equity and banks. This describes the private actors and their roles in relation to the project, when private actor information is disclosed or has been further researched.

THE NATIONAL BANK PLC

The National Bank (TNB) is one of the leading financial institutions operating in the West Bank. Established in 2012 through the merger of Al-Rafah Microfinance Bank and the Arab Palestinian Investment Bank, TNB is licensed and regulated by the Palestine Monetary Authority (PMA) and plays a pivotal role in supporting economic development by offering a diverse range of retail, corporate, and investment banking services. TNB is recognized for its commitment to financial inclusion and innovation, with a focus on empowering underserved populations, particularly women and youth. TNB is listed on the Palestine Exchange and operates through 38 branches in the West Bank.

Contact Information

This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.

Haitham Najjar
hnajjar@tnb.ps
https://www.tnb.ps/en
AL Masyon, P.O Box 700, Ramallah, West Bank & Gaza

ACCESS TO INFORMATION

You can request information by emailing: accessinfo@ebrd.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: pcm@ebrd.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