KYRGYZSTAN - SME LINE OF CREDIT II

Overview
Project Summary Document
Environmental and Social Documentation
Procurement
Complaints

Project ID 5817

Status Complete

Location

Kyrgyz Republic

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 5817

Status Complete

Location

Kyrgyz Republic

Business Sector

Financial Institutions

Notice Type

Private

Environmental Category

Approval Date

30 Jun 1998

Disclosure date

29 May 1998

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."

Project Description

A US$ 20 million loan in the form of a guaranteed apex credit line to be used to finance private sector small and medium-sized enterprises (SMEs) in Kyrgyzstan.

The project aims to support the development of the private and banking sectors in Kyrgyzstan. The proceeds of the sub-loans will be used to provide medium-term financing for private sector SMEs.

Transition Impact

The project will have an impact on the transition by providing local entrepreneurs with access to longer-term funding than is currently available.

The Client

The National Bank of Kyrgyzstan will borrow and on-lend the funds to qualifying private Kyrgyz banks, which will in turn on-lend the funds to private small and medium-sized enterprises.

EBRD Finance

US$ 20 million (ECU 18.5 million) credit line.

Project Cost

US$ 20 million (ECU 18.5 million).

Environmental Impact

The participating banks will follow the EBRD's Environmental Procedures for Local Banks in relation to all sub-loans financed through the credit line. In implementing these procedures, the banks will assess potential environmental issues associated with sub-projects, which are required to comply, at a minimum, with local/national health, safety, environmental and public consultation requirements and standards.

Technical Cooperation

Technical cooperation funding of US$ 1 million to assist implementation is being sought.

Company Contact

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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