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 |
---|---|---|---|
EUROBANK BULGARIA AD
|
Implementing | Private Sector | |
European Bank for Reconstruction and Development
|
REF XI-IATI-EBRD
|
Funding | Multilateral |
NAME | DESCRIPTION | POSITION | CLASS | REACH | EXACTNESS |
---|---|---|---|---|---|
BULGARIA
ID 732800 (Geonames)
|
42.69751 23.32415 | Administrative Region | Approximate |
START | END | TYPE | STATUS | VALUE |
---|---|---|---|---|
2025-01-01 | 2025-12-31 | Original | 96,000,000 EUR |
DATE | DESCRIPTION | PROVIDER | RECEIVER | VALUE |
---|---|---|---|---|
2024-12-10 |
FLOW Other flows
50
FINANCE Investment-related loan to developing countries Withdrawn
411
|
EUROBANK BULGARIA AD |
96,000,000 EUR |
NARRATIVE | TYPE | DESCRIPTION |
---|---|---|
An uncapped unfunded portfolio guarantee to be provided by the EBRD as an InvestEU implementing partner to Eurobank Bulgaria (known under its local brand name Postbank), as an eligible partner financial intermediary ("PFI") in Bulgaria under the EBRD's InvestEU Green Uncapped Portfolio Guarantee Framework. The guarantee will cover a newly generated portfolio of loans amounting to up to EUR 120 million, financing eligible green projects related to buildings or sustainable transport. The Project benefits from partial first loss risk cover from the European Union under the InvestEU Fund. The Project aims to further support the EBRD's green agenda in Bulgaria and the national green economy priorities. As such, the Project will bridge the funding gap for sustainable energy investments in the country and support the resilience of a systemic bank and expand its green lending capacity. For more details, please refer to the project summary document at https://www.ebrd.com/view/psd/54800
|
Performance | The condition attached requires certain outputs or outcomes to be achieved by the recipient |