Small Business Initiative – Financial Intermediaries Framework



Project number:


Business sector:

Financial institutions

Notice type:


Environmental category:


Approval date:

08 Apr 2015


Board Approved

PSD disclosed:

13 Mar 2015

Sub-projects signed under this framework

Project Description

The EBRD is considering consolidating a number of operational facilities related to micro, small and medium-sized enterprises (MSME) into one common platform for supporting MSMEs through the EBRD’s Partner Financial Institutions (PFIs) in all EBRD countries of operations or potential recipient countries.

Transition Impact

The project’s transition impact will stem from market expansion, greater competition, capacity building by PFIs and improved standards of corporate governance and business conduct.

The Client

PFIs in EBRD countries of operations or potential recipient countries.

EBRD Finance

Up to EUR 1.2 billion

Project Cost

Up to EUR 1.2 billion

Environmental and social categorisation, impact, and mitigation

Categorised FI. The project is not associated with significant environmental and social issues. Each PFI will be required to comply with EBRD's PRs 2 and 9, adopt the EBRD's E&S Procedures for Corporate, Small and Micro Loans and submit Annual Environmental and Social reports to the EBRD.

Technical Cooperation

Some of the projects may be supported by TC programmes to assist PFIs with institution building and strengthening their internal capacities to launch or to expand their MSME financing operations.

Company Contact

Alfonso Vega Acosta
Senior Banker, Financial Institutions Department, EBRD
Tel: +44 20 7338 6000
Fax: +44 20 7338 7380

Business opportunities

For business opportunities or procurement, contact the client company.

For state-sector projects, visit EBRD Procurement: Tel: +44 20 7338 6794

General enquiries

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.

Share this page: