ACTIVITY TITLE
VERSION 2.01
KB-MMF: Municipality of Centar in Skopje
Reported by
European Bank for Reconstruction and Development XI-IATI-EBRD Multilateral
ACTIVITY SCOPE COLLABORATION TYPE AID TYPE FINANCE TYPE FLOW TYPE TIED STATUS HIERARCHY
National 4 Multilateral outflows 4
Project-type interventions C01
Untied 1
IATI IDENTIFIER
XI-IATI-EBRD-49463
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DOCUMENTS ( 4 )
Project Summary Document - Transition Impact Environmental Social Summary TEXT/HTML EN Pre- and post-project impact appraisal Project Summary Document TEXT/HTML EN Objectives / Purpose of activity Country Strategy TEXT/HTML EN Memorandum of understanding (If agreed by all parties) Procurement/Tenders TEXT/HTML EN Tender
Planned start date 2017-09-01
Planned end date 2026-10-05
Actual start date 2017-09-01
activity status: Implementation
The activity is currently being implemented
WHO'S INVOLVED ( 2 )
PARTICIPATING ORG REFERENCE ROLE TYPE
European Bank for Reconstruction and Development
 Funding Multilateral
MUNICIPALITY OF CENTAR
 Implementing Private Sector
General
Following the decision of MIDF's (Municipal Infrastructure Development Fund) shareholders to wind down the Fund's operations, EBRD is assuming MIDF's funded risk participation ("Facility") with Komercijalna Banka ("KB") to provide up to EUR 5 million to fund municipal infrastructure projects in FYR Macedonia on a 50/50 basis with KB. The Project will demonstrate the Bank's support for MIDF's existing investments as well as new municipal investments in FYR Macedonia. The Facility will enable the Bank to provide financing to small and medium sized municipalities that have significant investments needs, but limited access to financing and poor capacity for preparing good quality projects. Grant financed TC will be provided to facilitate project preparation as well as for subsequent project implementation with an aim to develop the commercial sustainability and institutional capabilities of the municipal borrowers.
recipient country ( 1 )
North MacedoniaMK
100
LOCATION ( 1 )
NAME DESCRIPTION POSITION CLASS REACH EXACTNESS
SKOPJE
ID 785842 (Geonames)
41.99646 21.43141 Administrative Region Approximate
country budget items ( 1 )
IATI Withdrawn ( 1 )
The budget identifier reported uses IATI budget identifier categories
5.4.8
100
sector ( 1 )
OECD DAC CRS 5 digit1( 1 )
The sector reported corresponds to an OECD DAC CRS 5-digit purpose code http://reference.iatistandard.org/codelists/Sector/
Urban development and management43030
100
GLOSSARY
Urban development and managementIntegrated urban development projects; local development and urban management; urban infrastructure and services; municipal finances; urban environmental management; urban development and planning; urban renewal and urban housing; land information systems.
Financial Overview
Outgoing Commitment ( 1 )
Disbursement ( 9 )
Outgoing Commitment
Disbursement
Transactions ( 10 )
Outgoing Commitment ( 1 )
DATE DESCRIPTION PROVIDER RECEIVER VALUE
2017-09-01
FLOW Other flows 50
FINANCE Investment-related loan to developing countries Withdrawn 411
MUNICIPALITY OF CENTAR
 2,413,000
EUR
Outgoing Commitment
Disbursement ( 9 )
DATE DESCRIPTION PROVIDER RECEIVER VALUE
2017-10-13
FLOW Other flows 50
FINANCE Investment-related loan to developing countries Withdrawn 411
MUNICIPALITY OF CENTAR
 507,686
EUR
2017-11-02
FLOW Other flows 50
FINANCE Investment-related loan to developing countries Withdrawn 411
MUNICIPALITY OF CENTAR
 316,600
EUR
2018-01-05
FLOW Other flows 50
FINANCE Investment-related loan to developing countries Withdrawn 411
MUNICIPALITY OF CENTAR
 256,900
EUR
2018-04-04
FLOW Other flows 50
FINANCE Investment-related loan to developing countries Withdrawn 411
MUNICIPALITY OF CENTAR
 198,290
EUR
2018-06-26
FLOW Other flows 50
FINANCE Investment-related loan to developing countries Withdrawn 411
MUNICIPALITY OF CENTAR
 171,600
EUR
2018-11-05
FLOW Other flows 50
FINANCE Investment-related loan to developing countries Withdrawn 411
MUNICIPALITY OF CENTAR
 190,000
EUR
2018-12-18
FLOW Other flows 50
FINANCE Investment-related loan to developing countries Withdrawn 411
MUNICIPALITY OF CENTAR
 160,000
EUR
2019-04-05
FLOW Other flows 50
FINANCE Investment-related loan to developing countries Withdrawn 411
MUNICIPALITY OF CENTAR
 371,000
EUR
2019-06-26
FLOW Other flows 50
FINANCE Investment-related loan to developing countries Withdrawn 411
MUNICIPALITY OF CENTAR
 240,924
EUR
Disbursement
General Enquiries
European Bank for Reconstruction and Development
+44 20 7338 7380
projectenquiries@ebrd.com
www.ebrd.com
5 Bank Street, London E14 4BG
conditions( 1 )
NARRATIVE TYPE DESCRIPTION
Following the decision of MIDF's (Municipal Infrastructure Development Fund) shareholders to wind down the Fund's operations, EBRD is assuming MIDF's funded risk participation ("Facility") with Komercijalna Banka ("KB") to provide up to EUR 5 million to fund municipal infrastructure projects in FYR Macedonia on a 50/50 basis with KB. The Project will demonstrate the Bank's support for MIDF's existing investments as well as new municipal investments in FYR Macedonia. The Facility will enable the Bank to provide financing to small and medium sized municipalities that have significant investments needs, but limited access to financing and poor capacity for preparing good quality projects. Grant financed TC will be provided to facilitate project preparation as well as for subsequent project implementation with an aim to develop the commercial sustainability and institutional capabilities of the municipal borrowers. For more details, please refer to the project summary document at https://www.ebrd.com/view/psd/49463
 Performance The condition attached requires certain outputs or outcomes to be achieved by the recipient