Regional: Training Courses for Banks on utilisation of Cash Advances under TFP Revolving Credit Agreements (RCA)

Location:

Regional

TCRS Number:

125

Business sector:

Financial institutions

Notice type:

Public

Status:

TC Com approved

PSD disclosed:

09 May 2016

Project Description

The EBRD’s Trade Facilitation Programme (TFP) is a successful programme with over 80 issuing banks in 26 EBRD Countries of Operation (CoOs) and over 800 confirming banks worldwide.  Since its inception in 1999, the TFP has facilitated more than 18,300 foreign trade transactions worth a total of EUR 12.8 billion. Following EBRD’s board approval of a financial package in response to the global financial crisis, the EBRD udertook to support the banking sectors in the countries where it invests and to ensure continuation of flow of finance

The TC  project consists of 3 phases and aims to conduct two day trainings for TFP Participating Banks (PBs) in EBRD CoOs covering utilisation of TFP Cash Advances under the TFP Revolving Credit Agreements (RCA) . The training workshops have been established pursuant to the recommendations of the EBRD audit department to secure proper utilisation of RCA loans in TFP, and the training will help PBs to enhance effective structuring of underlying transactions and application of TFP funds, and streamline utilisation of the already established facilities. The project will serve as a tool for know-how transfer and will provide participants with an opportunity to clarify any operational questions and share operational experience.    Phase I and II have been  already completed. A demand to continue the project with Phase III stems from the Banks expansion to the Southern Eastern and Mediterranean (SEMED) region, Greece and Cyprus as well as TFP RCA signings with new banks in existing CoOs . Phase III is expected to take place in 39 PBs in 13 countries.
 

Project Objectives

The objective of the TC Project is to improve and enhance the knowledge of PBs’ staffs' with regards to  utilisation of TFP Cash Advances under TFP Revolving Credit Agreements ("RCA")  with the results being immediately observed in TFP operations via more coherent and comprehensive utilisation modalities.

TC Recipient Information

Individual TFP participating partner banks in EBRD countries of operations.

Project Cost

Total project cost for Phase I,II and III EUR 547,000.00

Funding Summary

The project is expected to be funded through EBRD-managed donor funds, including, but not limited to the EBRD Shareholder Special Fund (SSF).

Any competitive selections for business opportunities relating to this project will be published on the EBRD's website: Consultancy Procurement Opportunities.

Email: eSelection@ebrd.com

General enquiries

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

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Project Complaint Mechanism

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