Translated version of this PSD: Albanian
The EBRD, in coperation with the Government of Albania, is considering a framework operation of up to EUR 100 million for the implementation of the Albania Agribusiness Support Facility (the "Project"). The Project will consist of a combination of credit lines for agribusiness lending and unfunded risk-sharing facilities for agribusiness loan portfolios of selected partner financial institutions ("PFIs") in Albania. In addition to the EBRD contribution of EUR 100 milion, the Project will benefit from a First Loss Risk Cover which will be contributed by the Government of Albania and it will also mobilise additional financing from the PFIs. A comprehensive technical cooperation package will complement the framework consisting in technical assistance to: i) PFIs - for capacity building in agribusiness lending, and 2) local agribusinesses - through business advise and transfer of know-how.
The overall objective of the Project is to promote and enhance access to finance for agribusinesses in Albania by addressing the financing gap as one of the main challenges for the sector's development.
The main source of transition impact of the Project will derive from market expansion and development of private sector. The Project will improve access to finance for the under-served farmers and agribusinesses in Albania as a major factor in the development of this sector. Transition impact will also arise through transfer of skills by providing capacity building, product development and marketing outreach support to PFIs, as well as the demonstration effect of providing an innovative risk sharing instrument to the sector.
Clients under the facility will be Albanian commercial banks and non-bank microfinance institutions.
The clients will be primarily selected from leading commercial banks with extensive outreach in the agribusiness sector and commitment to grow agribusiness lending on a sustainable basis.
EBRD Finance Summary
Total Project Cost
Total Project cost, including the financing mobilized by the PFIs, is expected to reach up to EUR 180 million.
Environmental and Social Summary
Categorised FI. The PFIs under the Agribusiness Support Facility will be required to adopt and implement EBRD's Environmental and Social Risk management Procedures in line with Performance Requirement (PR) 2, 4 and 9 and submit Annual Environmental and Social Reports to the Bank on the implementation of the E&S Procedures and the PRs.
The Facility will be supported by a comprehensive technical cooperation package to provide support to PFIs for capacity building, product development and marketing outreach. In addition, business advice and know-how will be provided to potential and existing sub-borrowers of the agribusiness credit lines and risk sharing facilities.
Company Contact Information
For business opportunities or procurement, contact the client company.
EBRD project enquiries not related to procurement:
Tel: +44 20 7338 7168
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
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 how to submit a Request for review through our confidential online form, by email, mail or telephone. IPAM is available to discuss your concerns and answer any questions you may have about the submission or handling of Requests, which follow the Project Accountability Policy and Guidance. Requestors’ identities may be kept confidential, upon request.