This is an evaluation of a second EBRD project and pilot effort with an established state bank providing a loan package for on-lending to private sector SMEs, women in business and energy efficiency at SMEs. It followed the first project, a loan for on-lending to SMEs, which was successfully utilised in the preceding year.
This evaluation reviews several EBRD operations to support bank stability in south-eastern Europe and to place capital in the real economy. It looks at the extent to which the operations contributed to systemic bank stability in south-eastern Europe, what signal the intervention sent to the marketplace and what would have happened without EBRD support.
The EU/EBRD Small Municipalities Finance Facility (MFF) was a credit line framework implemented in cooperation with European Commission Phare funding. The overarching theme was strengthening the capacity of the financial sector. The MFF was designed to reach smaller municipalities through local banks; with financing for infrastructure investments and to upgrade the capacity of banks to serve this market with appropriately structured long term finance.
This evaluation concerns the EBRD’s investments in a telecommunications company providing broadband telecommunication solutions in regional areas of the country of operation. It evaluates the relevance of the operations to the Bank’s mandate and strategies, the results they produced and the efficiency of implementation, and it provides an overall assessment of performance.
This operation evaluation appraises the performance of financing to Almaty Electrotrans, a trolleybus project and a two phase bus sector reform project, which represent combined total EBRD financing of just over €107 million. It discovers whether the integrated approach combining investments, technical cooperation and policy dialogue produced stronger results. It also explores the extent to which private sector participation increased through the project.
The project under evaluation was a loan and grant to a wholly municipal-owned water supply and wastewater treatment company in an EBRD country of operations to help finance investments to end the direct discharge of untreated water into a river flowing through a city. The project’s initially approved scope was narrowed about a year later given crisis-related local and federal funding constraints to focus on the most immediate infrastructure needs: a tunnel collector and a wastewater treatment plant.
This Operation Evaluation summary reviews multiple loans and equity investments over eight years to a petroleum distribution company and its parent to enable it to operate throughout the country of operation. Transition impact was expected through private ownership and increased competition, setting standards for business conduct; corporate governance; environment, health and safety practices; and energy efficiency.
This evaluation covers four wind energy projects under five EBRD operations –three in EU EBRD countries of operations and two in Central Asia. The principal reason for evaluating these projects as a group was to assess the presence of common design, execution and performance issues in projects of this type, with a view to extracting valuable insights for similar operations in the future.
This Operation Evaluation summary reviews a loan to a monopoly electricity transmission company, wholly owned by the state in a country of operations. The project was designed to reduce energy losses, increase transmission capacity, improve supply reliability, and support new electricity tariff methodology. It was the first of three Bank projects with the company, all intended to upgrade outdated electricity transmission infrastructure.
