Project Notice
|
| PNR |
71482 |
| Project Name |
FIF - Housing Bank for Trade and Finance SME Loan |
| Project Detail |
Provision of a senior unsecured loan of up to USD 5.0 million (EUR 4.4 million) loan to Housing Bank for Trade and Finance (HBTF) in West Bank and Gaza (WB&G) to support on-lending to SMEs in the West Bank. The loan is expected to be accompanied with a capacity building on SME lending funded by the European Union (EU) through the EU-EBRD Sustainable Growth4All Program. Project Objectives The loan will support HBTFs SME lending activities and expand access to finance for underserved SMEs in the West Bank, at a time when SMEs are in crucial need for liquidity. The use of proceeds of the loan will be restricted to the West Bank only. |
| Funded By |
European Bank for Reconstruction and Development (EBRD) |
| Sector |
Banking & Finance |
| Country |
Palestinian Territory Occupied , Western Asia |
| Project Value |
ILS 5,000,000
|
