Cairo Amman Bank WBG MSME Loan

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Project ID 49598

Status Complete

Location

West Bank and Gaza

Business Sector

Financial Institutions

Notice Type

Private

Project timeline

Exploratory
Passed Concept Review
Passed Structure Review
Passed Final Review
Board Approved
Signed
Implementing
Completed

Project ID 49598

Status Complete

Location

West Bank and Gaza

Business Sector

Financial Institutions

Notice Type

Private

Environmental Category

Approval Date

27 Feb 2018

Disclosure date

17 Jan 2018

As per section 1.4.2 (iii) of the Directive on Access to Information: "For Projects approved by Bank management where the Board of Directors has delegated the approval authority, the PSD shall be disclosed at the start of the relevant no-objection notification period to a member country of the Bank in accordance with Article 13 (iii) of the Agreement Establishing the EBRD."

Translated version of this PSD: Arabic

Project Description

The provision of medium-term debt financing for on-lending to local MSMEs in West Bank and Gaza.

Project Objectives

Contribution to the expansion of private sector and support of further development of the Palestinian Banks.

Transition Impact

The project contributes to the objectives of the financial intermediaries, supporting the competitive and resilient transition qualities. It seeks to increase the availability of financing to the MSME segment and contribute to the competitiveness of financial institutions by enabling innovation in strategy, products, processes and marketing related to MSME lending.

Client Information

CAIRO AMMAN BANK

Cairo Amman Bank is a universal bank with Head Office in Amman and operating through a network of 84 branches and offices in Jordan and 21 in West Bank and Gaza.

EBRD Finance Summary

N/A. The funding for the project will come from EBRD West Bank and Gaza Trust Fund.

Total Project Cost

USD 5,000,000.00

Environmental and Social Summary

Categorised FI (ESP 2014). CABP will be required to comply with the EBRD's Performance Requirements 2, 4 and 9, adopt and implement the EBRD's Environmental and Social (E&S) Risk Management Procedures for SME loans and submit Annual Environmental and Social Reports to the Bank.

Technical Cooperation

Cairo Amman Bank is expected to benefit from tailored technical assistance support for on-lending to local MSMEs.

Company Contact Information

Elena Voshchevskaya
voshchee@ebrd.com
+ 44 207 338 7754
ebrd.com
EBRD, 1 Exchange Square, EC2A 2JN, London.

Transition impact

ETI Score:80

PSD last updated

01 Feb 2019

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794
Email: procurement@ebrd.com

General enquiries

EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
Email: projectenquiries@ebrd.com

Public Information Policy (PIP)

The PIP sets out how the EBRD discloses information and consults with its stakeholders so as to promote better awareness and understanding of its strategies, policies and operations. Please visit the Public Information Policy page below to find out how to request a Public Sector Board Report.
Text of the PIP

Environmental and Social Documentation is not available for this project.

Selected procurement notices related to this project may be shown below. Further procurement opportunities related to this and other projects, if available, maybe be viewed in the EBRD Procurement Portal.

The EBRD's Environmental and Social Policy (ESP), Access to Information policy (AIP) and Project Accountability Policy (PAP) enable sound and sustainable development in its projects. The Independent Project Accountability Mechanism (IPAM) deals with complaints about environmental, social and disclosure matters related to the Bank’s investments.

No complaints about this project have been made so far.

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