The European Bank for Reconstruction and Development (EBRD), a multilateral finance institution based in London, is providing loans to banks in Serbia and Moldova in an effort to increase access to finance for micro-, small and medium-sized enterprises (MSMEs).
Search Results for: EBRD
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) to Promote Energy Efficiency Through Memorandum of Understanding (MOU) with Government of Bulgaria, $9.7m Loan to Moldovan Bank BCR Chisinau
In its effort to boost energy efficiency in Eastern Europe, the European Bank for Reconstruction and Development (EBRD), a development finance institution headquartered in London, recently signed a memorandum of understanding (MOU) with the government of Bulgaria and loaned EUR 7 million (USD 9.7 million) to BCR Chisinau, a Moldovan commercial bank.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD), Crédit Agricole Serbia Accept Warehouse Receipts as Collateral for $27m in Loans to Agribusinesses
The European Bank for Reconstruction and Development (EBRD), a development finance institution headquartered in London, and Crédit Agricole Serbia, a subsidiary of financial institution Crédit Agricole of France, have recently partnered to accept warehouse receipts as collateral for loans totaling EUR 20 million (USD 27.4 million) to agribusinesses in Serbia.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Loans $9m to IMPULS-Leasing Romania (ILRO), Supports Leasing to Rural Small and Medium-Sized Enterprises (SMEs)
The European Bank for Reconstruction and Development (EBRD), a development finance institution that is headquartered in London, recently announced that it loaned EUR 7 million (USD 9.7 million) to IMPULS-Leasing Romania IFN SA (ILRO), a Romanian vehicle and equipment leasing company, to extend leasing services to small and medium-sized enterprises (SMEs) in rural areas.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Loans $3m to Microfinance Provider Kompanion Financial Group of Kyrgyzstan
In an effort to support local-currency lending to micro- and small enterprises (MSEs) in remote areas of Kyrgyzstan, the European Bank for Reconstruction and Development (EBRD), a development finance institution headquartered in London, has made a loan of approximately KGS 142 million (USD 3 million) to Kompanion Financial Group, a microfinance company specializing in community development in Kyrgyzstan. Established in 2004 by US-based nonprofit Mercy Corps, Kompanion Financial Group maintains a network of 90 branches across the seven regions of Kyrgyzstan with approximately 90 percent of the company’s clientele located outside of the country’s capital, Bishkek.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Loans $3m to Mol Bulak Finance of the Kyrgyz Republic for On-Lending to Small and Medium Enterprises (SMEs)
The European Bank for Reconstruction and Development (EBRD), a development finance institution headquartered in London, has agreed to provide a loan of approximately KGS 142 million (USD 3 million) to Mol Bulak Finance, a non-bank microfinance institution, to support small and medium enterprises (SMEs) in the Kyrgyz Republic.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Loans $90m to Patria Credit of Romania and Orient Express of Russia for Microfinance and Small Business Lending
The European Bank for Reconstruction and Development (EBRD), a development finance institution headquartered in London, made two loans worth USD 90 million to support microfinance in Romania and the Russian Far East.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Loans $10.5m to Bank Respublika to Support Micro-, Small and Medium-Sized Enterprises in Azerbaijan
The European Bank for Reconstruction and Development (EBRD) recently made loans totaling USD 10.5 million to Bank Respublika in Azerbaijan. Since the beginning of its operations in Azerbaijan, “EBRD has invested some EUR 1.2 billion (USD 1.57 billion) in about 120 projects, with over 60 percent of the projects being investments into the development of the private sector.”
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Loans $65m to Bank Saint Petersburg of Russia and $4m to Microfinance Institution (MFI) fondiBESA of Albania
The European Bank for Reconstruction and Development (EBRD), a development finance institution headquartered in London, has loaned Bank Saint Petersburg, a commercial bank in Russia, and fondiBESA, a microfinance institution (MFI) in Albania, a total of USD 69 million.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) of the United Kingdom Loans $50m to Russian Automotive Leasing Company Europlan to Meet Demand From Small and Medium-Sized Enterprises (SMEs)
The European Bank for Reconstruction and Development (EBRD), an investment bank headquartered in the United Kingdom, will loan up to RUB 1.5 billion (USD 50 million) to Europlan, a Russian automotive leasing company, to meet rising demand for leases from small and medium-sized enterprises (SMEs) in Russia.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Loans $8m to Export and Credit Bank (ECB) of Macedonia
The European Bank for Reconstruction and Development (EBRD), a development finance institution headquartered in London, has loaned Export and Credit Bank (ECB), a commercial bank in Macedonia, EUR 6 million (USD 8.3 million) for on-lending to local businesses undertaking sustainable energy investmets or investments aimed at improving their competitiveness in local and European markets. EBRD holds a 25 percent stake in ECB.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Loans Masterlease $28m to Support Small and Medium-Sized Enterprises (SMEs) in Poland
The European Bank for Reconstruction and Development (EBRD), a development finance institution headquartered in London, is supporting the diversification of financial services available to small and medium-sized companies in Poland with a loan of PLN 80 million (approximately USD 28.6 million) to Masterlease, a provider of car leasing and fleet services, to support further growth of the company’s portfolio and customer base.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Extends $50m Financing Package to Bank of Georgia for Efforts Including On-lending to Small and Medium-sized Enterprises, Residential Energy Efficiency
The European Bank for Reconstruction and Development (EBRD), an international finance institution headquartered in London, recently announced that it will make available a USD 50 million financial package to the Bank of Georgia, a private bank that operates in Georgia, Belarus and the Ukraine.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Provides $94m Loan to Credit Europe Bank of Russia for SMEs
The European Bank for Reconstruction and Development (EBRD), a London-based development finance institution, recently announced it is providing an unsecured, five-year loan of RUB 2.9 billion (USD 94 million) to Credit Europe Bank Limited of Russia.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Provides $1.5m Loan to Bai-Tushum to Support Micro- and Small Enterprises in Kyrgyz Republic
European Bank for Reconstruction and Development (EBRD), an international finance institution headquartered in London, is providing a loan of KGS 67.5 million (USD 1.5 million) to Bai Tushum and Partners, a microfinance institution (MFI) in the Kyrgyz Republic, for on-lending to micro- and small enterprises (MSEs). This constitutes the first of two equal tranches under a KGS 135 million (USD 3 million) loan agreement signed in March 2010. According to EBRD, the transaction is part of a USD 60 million non-bank MFI framework for “Early Transition Countries,” which was approved by EBRD in September 2008.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Loans $4m to JSCB Senagat and Turkmenbashy of Turkmenistan for SMEs
The European Bank for Reconstruction and Development (EBRD) is providing a USD 4 million loan facility to Turkmenistan for on-lending to small and medium-sized enterprises (SMEs).
MICROCAPITAL BRIEF: International Finance Corporation (IFC) and European Bank for Reconstruction and Development (EBRD) Syndicate $164m Debt Financing Package for Russia’s Transcapitalbank
The International Finance Corporation (IFC), a member of the World Bank Group, and the European Bank for Reconstruction and Development (EBRD), a London-based financial services institution, have jointly raised USD 164 million of debt financing for Transcapitalbank, a Russian bank which primarily supports small and medium-sized enterprises and has total assets of RUB 58 billion (USD 1.9 billion) at December 31, 2009.
MICROCAPITAL BRIEF: European Bank for Reconstruction and Development (EBRD) Syndicates $185m Debt Facility for Turkey, Primarily for Microfinance, SMEs
The European Bank for Reconstruction and Development (EBRD), a London-based international finance institution, committed a debt facility of up to TRY 292 million (USD 185 million equivalent) to Turkish banks for lending to private companies, primarily micro-, small and medium-sized enterprises (SMEs), agricultural businesses and women entrepreneurs.