ACTIVITY SCOPE | COLLABORATION TYPE | AID TYPE | FINANCE TYPE | FLOW TYPE | TIED STATUS | HIERARCHY |
---|---|---|---|---|---|---|
National 4 | Multilateral outflows 4 |
Project-type interventions C01
|
Untied | 1 |
PARTICIPATING ORG | REFERENCE | ROLE | TYPE |
---|---|---|---|
BANK RESPUBLIKA OJSC
|
Implementing | Private Sector | |
European Bank for Reconstruction and Development
|
REF XI-IATI-EBRD
|
Funding | Multilateral |
NAME | DESCRIPTION | POSITION | CLASS | REACH | EXACTNESS |
---|---|---|---|---|---|
AZERBAIJAN
ID 587116 (Geonames)
|
40.5 47.5 | Administrative Region | Approximate |
DATE | DESCRIPTION | PROVIDER | RECEIVER | VALUE |
---|---|---|---|---|
2021-12-07 |
FLOW Other flows
50
FINANCE Investment-related loan to developing countries Withdrawn
411
|
BANK RESPUBLIKA OJSC |
3,524,384.34 EUR |
NARRATIVE | TYPE | DESCRIPTION |
---|---|---|
A senior unsecured AZN loan to be provided under the Financial Intermediaries Framework ("FIF") in the amount of up to USD 4 mln equivalent (EUR 3.4mln) in favour of Bank Respublika. The project is implemented under Financial Institutions Framework (FIF) with proceeds to be used for on-lending to private micro-, small and medium sized enterprises (MSMEs) in Azerbaijan in accordance with the FIF Policy Statement. The transaction will support the leading private bank in Azerbaijan through (i) diversification of its funding structure with medium-term LCY resources; and (ii) support of its MSME portfolio growth. For more details, please refer to the project summary document at https://www.ebrd.com/view/psd/52661
|
Performance | The condition attached requires certain outputs or outcomes to be achieved by the recipient |