Project Notice
|
| PNR |
60083 |
| Project Name |
FIF - AccessBank Azerbaijan MSME (EFSD+3) |
| Project Detail |
Location:
Azerbaijan
Project number:
54260
Business sector:
Financial institutions
Notice type:
Private
Environmental category:
FI
Approval date:
20 Feb 2024
Status:
Approved
PSD disclosed:
27 Feb 2024
Provision of a senior syndicated MSME loan in the amount of up to USD 20m incl. USD 10m A Loan for the account of EBRD and up to USD 10m B loan for the account of B-lender(s). Should the B lender not be identified or only a portion of the proposed B loan be mobilized, EBRD will provide the full A loan amount to the borrower. The loan will have a maturity of up to 3 years, will be provided in AZN and be used by AB for the growth of its MSME loan portfolio in line with the eligibility criteria of the Financial Intermediary Framework ("FIF"). |
| Funded By |
European Bank for Reconstruction and Development (EBRD) |
| Sector |
Forestry |
| Country |
Azerbaijan , Western Asia |
| Project Value |
AZN 30,000,000
|
