FIF - Cairo Amman Bank SME Loan WB&G


West Bank and Gaza

Project number:


Business sector:

Financial institutions

Notice type:


Approval date:

06 Sep 2022



PSD disclosed:

04 Aug 2022

Project Description

Provision of a medium-term senior unsecured loan of up to USD 8.0 million (EUR 7.8 million equivalent) in favour of Cairo Amman Bank Palestine ("CABP") for on-lending to MSMEs in the West Bank.

Project Objectives

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

Transition Impact

ETI score: 60

The project is expected to support 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 through focusing on reaching regional clients and attracting new ones, as well as to ensure prudent underwriting and risks management practices coupled with adequate portfolio quality.

Client Information


Cairo Amman Bank is a universal bank with Head Office in Amman and operating through a network of 100 branches and offices in Jordan and 22 in West Bank and Gaza.

EBRD Finance Summary

USD .00

N/A. The funding for the project will come from EBRD West Bank and Gaza Net Income Allocation Trust Fund ("WBGTF").

Total Project Cost

USD 8,000,000.00

USD 8,000,000


EBRD offers longer term financing targeting MSME sub-borrowers.

Environmental and Social Summary

Categorised FI (ESP 2019). Cairo Amman Bank Palestine will be required to continue to comply with EBRD's PRs 2, 4 and 9, implement the applicable EBRD's E&S Risk Management Procedures for MSME and Corporate loans, and submit AE&S Reports to the Bank. CABP will be required to apply the updated Exclusion List introduced with ESP 2019 as well as the new Referral list.

Technical Cooperation and Grant Financing


Company Contact Information

Firas S. Najjab, Deputy Regional Manager / Business Group
+970 2 297 7230
+970 2 297 9758
P.O. Box 1870, Ramallah, Palestine

PSD last updated

04 Aug 2022

Understanding Transition

Further information regarding the EBRD’s approach to measuring transition impact is available here.

Business opportunities

For business opportunities or procurement, contact the client company.

For business opportunities with EBRD (not related to procurement) contact:

Tel: +44 20 7338 7168

For state-sector projects, visit EBRD Procurement:

Tel: +44 20 7338 6794

General enquiries

Specific enquiries can be made using the EBRD Enquiries form.

Environmental and Social Policy (ESP)

The ESP and the associated Performance Requirements (PRs) set out the ways in which the EBRD implements its commitment to promoting “environmentally sound and sustainable development”.  The ESP and the PRs include specific provisions for clients to comply with the applicable requirements of national laws on public information and consultation as well as to establish a grievance mechanism to receive and facilitate resolution of stakeholders’ concerns and grievances, in particular, about environmental and social performance of the client and the project. Proportionate to the nature and scale of a project’s environmental and social risks and impacts, the EBRD additionally requires its clients to disclose information, as appropriate, about the risks and impacts arising from projects or to undertake meaningful consultation with stakeholders and consider and respond to their feedback.

More information on the EBRD’s practices in this regard is set out in the ESP.

Integrity and Compliance

The EBRD's Office of the Chief Compliance Officer (OCCO) promotes good governance and ensures that the highest standards of integrity are applied to all activities of the Bank in accordance with international best practice. Integrity due diligence is conducted on all Bank clients to ensure that projects do not present unacceptable integrity or reputational risks to the Bank. The Bank believes that identifying and resolving issues at the project assessment approval stages is the most effective means of ensuring the integrity of Bank transactions. OCCO plays a key role in these protective efforts, and also helps to monitor integrity risks in projects post-investment.

OCCO is also responsible for investigating allegations of fraud, corruption and misconduct in EBRD-financed projects. Anyone, both within or outside the Bank, who suspects fraud or corruption should submit a written report to the Chief Compliance Officer by email to All matters reported will be handled by OCCO for follow-up. All reports, including anonymous ones, will be reviewed. Reports can be made in any language of the Bank or of the Bank's countries of operation. The information provided must be made in good faith.

Access to Information Policy (AIP)

The AIP 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 following its entry into force on 1 January 2020. Please visit the Access to Information Policy page to find out what information is available from the EBRD website.

Specific requests for information can be made using the EBRD Enquiries form.

Independent Project Accountability Mechanism (IPAM)

If efforts to address environmental, social or public disclosure concerns with the Client or the Bank are unsuccessful (e.g. through the Client’s Project-level grievance mechanism or through direct engagement with Bank management), individuals and organisations may seek to address their concerns through the EBRD’s Independent Project Accountability Mechanism (IPAM).

IPAM independently reviews Project issues that are believed to have caused (or to be likely to cause) harm. The purpose of the Mechanism is: to support dialogue between Project stakeholders to resolve environmental, social and public disclosure issues; to determine whether the Bank has complied with its Environmental and Social Policy or Project-specific provisions of its Access to Information Policy; and where applicable, to address any existing non-compliance with these policies, while preventing future non-compliance by the Bank.

Please visit the Independent Project Accountability Mechanism webpage to find out more about IPAM and its mandate; how to submit a Request for review; or contact IPAM  via email to get guidance and more information on IPAM and how to submit a request.


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