devinitorg/iati-policy-markers huggingface dataset:
MFO KMF 5 Project The provision of a 3-year senior loan in the amount of up to US$ 25 million (in  US dollar  or Kazakhstan tenge equivalent) to Microfinance Organisation KMF  ("MFO KMF") under FIF (OpId 42474). The financing will be used for on-lending  to eligible private micro, small and medium enterprises (MSMEs) in Kazakhstan.  The Project continues to support local currency lending to the MSME sector in  Kazakhstan by providing medium-term financing to MFO KMF. A special focus will  be given to the distribution of funds to women-led MSMEs and in the regions  outside the cities of Nur-Sultan and Almaty.
Denizbank Project A senior unsecured loan of EUR 50 million equivalent in USD to Denizbank  A.S. as a part of a syndicated facility, under the Financial Intermediaries  Framework.  Denizbank A.S. will use the proceeds of the loan to provide financing to micro,  small and medium-sized enterprises (MSMEs) in Turkey with a focus on  agribusiness.
Piraeus Bank Senior Preferred Bond The EBRD invested EUR 50 million in a EUR 350 million Senior Preferred ("SP")  bond issued by Piraeus Bank S.A. ("Piraeus"), a commercial bank incorporated in  Greece, in November 2022. The SP bonds have a maturity of 4 years, with an  embedded issuer call option after 3 years, and are listed on the Luxembourg  Stock Exchange's Euro MTF market. This is EBRD's first investment in an SP  instrument issued by Piraeus Bank, and the second SP bond by the bank, after  its debut issuance in October 2021.  The project supports the resilience and regulatory compliance of the largest  bank in Greece in terms of assets, a systemically important institution in the  country, and contributes to the capital market development in Greece.  Furthermore, the EBRD promotes resource efficiency in the country by requiring  Piraeus Bank to allocate funds in the amount of 1.7 times of the EBRD's  subscription to finance green investments in renewable energy and energy  efficiency.
Green Cities 2 W2 - Pristina Public Buildings Provision of a sovereign loan of up to EUR 5 million to the Government of  Kosovo to be on-lent or on-granted to the municipality of Pristina (the  "Municipallity" or "Pristina") to co-finance energy efficiency ("EE") measures  in municipally owned buildings, including kindergartens, schools, and primary  healthcare centres (the "Project").     The Project will be co-financed with an investment grant of EUR 1 million  from the Regional Energy Efficiency Programme for the Western Balkans ("REEP")  funded by the European Union.  -        Improvement of the environmental sustainability of municipally owned  buildings in Pristina by implementing EE measures that will lead to energy  savings and reduction in CO2 emissions.  -        Promotion of private sector involvement in design and implementation  of energy saving projects.
I - Plum Project A follow-on investment in Plum, an existing portfolio company of the EBRD.   Investment completed in June 2020.    Plum is a mobile application and an AI assistant that helps users save money.  Plum connects users' bank accounts, analyses historical spending data,  identifies areas of potential savings via bill switching, and automatically  saves money on users' behalf on a regular basis. Users have the option to  invest this saved money via Plum's investment tool.  Null Value
Vostokelectro Rehabilitation Project A sovereign loan of up to EUR 4 million to finance Vostokelectro investment  program . The program is aimed at the rehabilitation and modernization of low  and medium voltage networks, including installation of 32,000 smart meters  in Tup and Jeti-Oghuz regions in the east of Kyrgyzstan.  The project will  improve reliability of the power supply and will significantly reduce technical  and commercial losses in the regions of operation.  With this investment the Bank will initiate a restructuring process of a public  utility in order to improve operating efficiency and restore financial health.   On top of the expected improvement in the operating performance, the Project  will entail commercialisation of the Company's operations and increased  transparency.  This will be achieved via a TC support to review current billing  and collection practices, as well as help with implementation of the  restructuring process.  In addition, the Bank will request an annual IFRS audit  by a reputable audit firm and compliance with the ESAP.
Gaziantep CNG Buses Project II Turkey is experiencing significant population growth caused by the refugee  influx since the start of the civil war in Syria. Based on recent estimates,  some 2.7 million refugees live in Turkey, placing a huge toll on host  communities which are struggling to provide needed services. This is  particularly the case in areas close to the Syrian border such as Gaziantep,  which is frequently the first point of settlement.  The refugee influx has strained key municipal services in the areas of water,  waste water, urban transport and solid waste operations in Gaziantep. Although  the Turkish government has established refugee camps, the majority of the  refugees live in Gaziantep city centre. 50 per cent of the refugees are women  and youth under 18. Gaziantep Metropolitan Municipality and its entities do not  have the capacity to meet the growing demand for services and face increasingly  strained budgets.  In response, the Bank is developing a refugee response plan which focuses on  building the host country economic resilience. It identifies municipal and  environmental infrastructure as a priority.  The EBRD signed a EUR 10 million loan agreement with Gaziantep Metropolitan  Municipality on 17 November 2011 to finance the acquisition of 50 low floor  buses, essential maintenance equipment and a compressed natual gas  (CNG) filling station. The Bank is now providing a EUR 5 million extension to  the existing loan to finance an additional 50 CNG-powered buses to be used in  public transport in Gaziantep.  Null Value
Emirates NBD Egypt Subordinated Loan A financing package of up to USD 125 million to Emirates NBD's Egyptian  subsidiary. The facility will comprise a subordinated loan to support the  planned growth of the bank and the financing of SMEs in the local market.  The  loan will be disbursed in two tranches of USD 50 million and USD 75 million  respectively. The second tranche is uncommitted. The subordinated debt will be  subject to regulatory approval by the Central Bank of Egypt.  The subordinated debt will strengthen the capital base of Emirates NBD Egypt to  support planned growth and the financing of SMEs in the local market.
NLB AT1 Project An investment of €80 million in CRR compliant AT1 capital instrument to be  raised by Nova Ljubljanska Banka d.d. ("NLB"). It would be the first such  capital instrument to be placed by a Slovenian bank. The AT1 instrument would  be rated and listed on the Luxembourg Stock Exchange.  With this investment, EBRD is seeking to make a tangible contribution to NLB's  resilience, by improving the quality of NLB's capital base, supporting capital  optimisation and growth strategy as well as facilitating the meeting of  regulatory requirements.
Western Balkans GEFF II - ProCredit Bank Macedonia II Provision of a senior unsecured loan of up to EUR 1.0m to Procredit Bank AD  Skopje ("PCBM"), the 6th largest bank in North Macedonia, under the Western  Balkans GEFF II Programme (the "programme" or "WB-GEFF II").  The loan is envisaged to provide financing for on-lending to residential sector  (individuals, housing collectives, producers, vendors of green technologies,  and service providers) for investments supporting Green Economy Transition  ("GET") in North Macedonia.
Regional TFP: QNB Al Ahli Bank Egypt The EBRD is financing a package of up to USD 140 million to QNB ALAHLI. The  facility will comprise (i) a senior loan for on-lending to private small and  medium enterprises (''SMEs'') for up to USD 100 million; and (ii) up to USD 40  million trade finance limit for guarantees and cash advances.  Null Value
Intro Sustainable Resources Provision of a senior secured loan of up to USD 4,830,000 to Intro Sustainable  Resources &amp;amp; Intro Solar S.A.E. (the "Borrowers") to finance a pipeline of green  projects the most advanced of which includes the expansion of a plastic bottle  recycling facility, replacing an inefficient diesel steam energy generation  with combined heat and power plant ("CHP"), and refinancing a solar project  developed under round 1 of the Egyptian Feed-in-tariff ("FiT") program (the  "Projects").  The Projects will support: i) the company's expansion of resource recovery  facilities; ii) its ambitions to expand its long-term low-carbon energy  transition strategy; and iii) the expansion of private-to-private utility  projects in Egypt.
Aluflexpack III Provision of long-term financing to Aluflexpack Novi d.o.o., part of  Aluflexpack Group and ultimately owned by Montana Tech Components AG, together  with a local commercial bank.  The loan proceeds are used to finance the company's capital expenditure into  new production capacity that will further support development plans.
Romania Agricover Credit IFN €20m loan under RLF EUR 20 million unsecured multicurrency (EUR or RON) loan (the 'Project') in two  equal tranches (the first one committed and the second one uncommitted) to  Agricover Credit IFN SA ('ACIFN') under the Resilience and Livelihoods  Framework ('RLF').  The project will help ACIFN to increase lending to farmers (MSMEs) affected  directly or indirectly by the war, thereby supporting food production and  security in Romania and elsewhere.
Banque du Caire - SME loan Provision of a senior loan of up to USD 50 million to Banque du Caire ("BDC")  for on-lending to private micro, small and medium-sized enterprises ("MSMEs")  in Egypt.  The EBRD loan will assist BDC to develop its MSME lending activities and expand  access to finance for underserved private MSMEs.
Andalusia Hospitals Group capacity expansion The provision of a senior loan to Andalusia Egypt Holding for Financial  Investments (the "Company"), a closed joint stock company registered in Egypt,  to finance its expansion in Egypt in order to provide better healthcare  services to a higher number of patients in Cairo and Alexandria.  (the  "Project").  The Bank will finance Company's expansion  in Egypt through the construction of  a new hospital and  the expansion of an existing one in Cairo. The objective of  the Bank financing is to support the Company to significantly increase the  level of healthcare services and to reach a higher number of patients. In  addition, the long term financing of the Bank aims to strengthen the balance  sheet of the Company.
Belinvestbank MSME A/B Loan Provision of an MSME A/B loan of up to €50 million to Belinvestbank ("BIB"), an  open joint-stock company incorporated in Belarus, to be comprised of:  (a) A Loan of min €15 million for the account of EBRD; and  (b) B Loan of up to €35 million to be attracted on "best-efforts basis" from  interested financial institution(s).  The Project will assist Belinvestbank in mobilising external funds which will  contribute to diversifying the bank's funding base and expanding lending to  private micro, small and medium-sized enterprises ("MSMEs") in Belarus.  The Project will also further support the pre-privatization engagement with  Belinvestbank, alongside other debt instruments provided by EBRD, in line with  the MoU agreed with the authorities in 2015, focusing on bank's  commercialization.
Infinity / ib vogt Solar PV 1 Long-term senior debt financing of up to USD 16.2 million (EUR 14.9 million  equivalent) to finance the construction of a 30 MW solar photovoltaic plant  located in the proposed 1.8 GW Benban solar complex in the Aswan province of  Egypt (the "Project"). The Project will be one of the first utility scale solar  plants in Egypt and will support the country in increasing its renewable energy  capacity. The Project is part of a larger portfolio of two plants with a total  capacity of 80 MW developed in Benban by the same group of lead sponsors.  The Project will be developed under the programme implemented by the Egyptian  government offering feed-in tariffs to projects of up to 50 MW capacity to  stimulate private investment in over 4 GW of wind and solar power. This scheme  aims to support Egypt to move to a more environmentally sustainable and diverse  electricity sector by exploiting the country's vast renewable energy potential.  It is expected to improve the environmental characteristics of Egypt's power  sector by reducing emissions of local pollutants and CO2, as well as water  consumption.
Equity Investment in Nova Ljubljanska banka d.d. An additional equity investment of EUR 9.6 million for the purchase of existing  shares of Nova Ljubljanska banka d.d. ("NLB") in Slovenia, increasing the total  EBRD investment in the Project to up to EUR 74 million. The original EBRD  investment of EUR 64.4 million was made on 9 November 2018.  The Project supported an important privatisation in Slovenia, in response to  the commitment of the Republic of Slovenia undertaken as part of the  restructuring plan of NLB agreed with the European Commission in 2013 when the  state aid contribution was approved, as later amended.
Bulgarian Deposit Insurance Fund Loan The EBRD is providing a EUR 300 million long-term loan to the Bulgarian Deposit  Insurance Fund ("BDIF", "the Fund"), guaranteed by the Republic of Bulgaria.  The loan will support the optimisation of BDIF's funding structure and the  long-term sustainability of the Fund's operations.  The project's objective is to support the ongoing reforms in the deposit  insurance system. The project will allow BDIF to meet the objectives set up in  the new Law on Bank Deposit Guarantee and the Law on Recovery and Resolution of  Credit Institutions and Investment Firms.
Aydem Renewables Green Bond (f. Project Vega) USD 75 million subscription in the USD 750 million, 5.5-year green Eurobond  issued by Aydem Yenilenebilir Enerji A.S. (the "Company"), a leading renewable  energy company in Turkey.  This is the first green bond issued by the Company, underpinned by its newly  developed Green Financing Framework aligned with Green Bond Principles 2021 and  Green Loan Principles 2021, as validated by an independent second party opinion.  The Eurobond proceeds will be used to refinance all existing company debt and  for general corporate needs.
CA  Women in Business  Programme - Khan Bank II The provision of a 3-year senior loan of up to US$ 20 million to Khan Bank LLC  (KB) under the Central Asian Women in Business Programme (CA WiB), including  US$ 5 million loan for eligible investments in digitalisation under the digital  component of the programme.  The operation will promote the competitiveness of the local economy and  contribute to the financial inclusion of underserved female entrepreneurs.
Yayla Agro Project The Project envisages EUR 55m long term loan (the "Loan") to Yayla consisting  of: (i) EBRD finance of EUR 41.5m, (ii) TaiwanICDF finance of EUR 6m, (iii)  Clean Technology Fund finance of up to EUR 7.5m (in USD equivalent) under the  EBRD High Climate Impact for the Corporate Sector Programme. The Loan will be  used to finance Yayla's new state-of-the-art production facility in Nigde and  working capital requirements.  The main objective of the Project is to support the Company's green investment  programme, balance sheet strengthening as well as the Company's inclusive  initiatives.
Akfen Wind Power Provision of long-term senior debt financing of up to USD 65 million  (approximately EUR 53 million equivalent) to finance the construction of a 242  MW wind farm portfolio owned and controlled by Akfen Yenilenebilir Enerji  A.S. in Turkey. The portfolio comprises three wind farms located in the  province of Canakkale and one wind farm located in the province of Denizli.  The project will be developed under the Renewables Energy Resources Support  Mechanism  (YEKDEM) implemented by the Turkish government offering feed-in  tariffs to projects to stimulate  private investment in wind generating power  assets. It will support Turkey's move to a more environmentally sustainable and  diverse electricity sector by exploiting the country's vast renewable energy  potential.  It is expected to improve the environmental characteristics of Turkey's power  sector by reducing emissions of local pollutants and CO2, as well as to  increase private ownership of generation capacity.
Pelion Pharma Investment Programme Provision of a long term loan of up to PLN 200 million (ca EUR 47 million  equivalent) to the holding company Korporacja Inwestycyjna Polskiej Farmacji  Sp. z o.o. ("KIPF", "Company") for on-lending to Pelion S.A. ("Pelion") and its  subsidiaries to fund a comprehensive investment programme across the group.  The project will support a leading, growth-oriented Polish pharma group in a  comprehensive investment programme that will facilitate the upgrading of  logistic processes across the group as well as energy efficiency improvements.  The project will finance market expansion in order to improve the performance  of the largest pharmaceutical distributor in Poland.  The group will also introduce new types of innovative pharmaceutical products  and solutions, implement state-of-the-art automated solutions across all  business lines and will continue the strategic expansion of its retail  operations in order to strengthen its e-commerce presence.
Aksa Enerji Bond The Bank has subscribed TRY 100 million (EUR 30.3 million) in Aksa Enerji  A.S.'s latest TRY 200 million (EUR 60.5 million) local currency bond issuance.  This issue is part of the company's TRY 500 million (EUR 152 million) bond  programme as approved by the Capital Markets Board of Turkey.  Successful placement of the bond supports Aksa Enerji to diversify its funding  sources and restructure its balance sheet by refinancing a portion of the  foreign currency short term debt with relatively longer term local currency  bonds.  The Bank's participation is expected to assist in increasing the average  tenor of bond issuances in the corporate bond market and mobilise investor  interest for future bonds.
MR3: Mersin CNG Bus Project A senior unsecured loan of up to EUR 15 million to the City to finance the  procurement of 100 CNG buses including (i) 30 accordion-type and (ii) 70  solo-type buses for the purpose of renewing the City's aging public transport  fleet and to expand urban transport services in the City. The EBRD loan will be  co-financed by a Shareholder Special Fund ("SSF") grant for a total amount of  EUR 7.0 million, which will be utilised from the Community Resilience Window  ("CRW") of the SSF.  The proceeds of the loan and the capex grants will be utilised to finance the  procurement of 100 new CNG powered buses (Euro 6 standard). The fleet involves  70 solo and 30 articulated-style buses. The proposed Project will expand the  urban transport capacity in this refugee host community and relieve pressure on  existing municipal services by providing extra capacity and better quality  services. The existing transport infrastructure is providing inferior services  given an aging bus fleet (average life is 9.9 years, and economic useful life  of a bus is 10 years). By virtue of this investment, the average vehicle age of  the bus fleet of the City will drop to 5.5 years and the total public  transportation capacity will be increased, by: (i) replacing 44 old diesel  buses (Euro 1 standard, 1990-99 model) experiencing frequent breakdowns; and  (ii) adding 56 new CNG buses to the fleet to relieve the burden on Mersin  public transportation networks and improve service quality.
Nador West Med Port In 2015, EBRD provided a sovereign guaranteed loan of EUR 200 million to the  Societe Nador West Med (NWM) for infrastructure development at the new Nador  West Med Port in Morocco (the "Project"). The loan will be used for the  construction of the port infrastructure (breakwaters, quays, dredging, etc)  which will be used by private concessionaires for commercial handling  activities. EBRD is now considering an additional financing of EUR 100 million  to NWM to close a financing gap identified following the increase in the volume  of works resulting from technical adjustments and geotechnical unforeseen  aspects.  The Government of Morocco (GoM) is developing a major new port and industrial  complex around 30km from the town of Nador, on Morocco's Mediterranean coast.  The Project is part of a wider development plan for the Nador region and will  directly contribute to the reduction of regional disparities and support the  economic development of the Orientale Region, as well as improving regional  access to infrastructure.  This development which will be undertaken  by NWM  will involve a mixed cargo port including terminals for containers,  hydrocarbons, bulk (including coal) and Ro-Ro as well as a service quay and an  industrial investment zone designed to attract international investors,  comprising a 1,500 ha Free Zone and an additional 2,500 ha area outside the  Free Zone.
Taxim Capital Partners I The EBRD signed an equity commitment of EUR 20 million to Taxim Capital  Partners I LP (the "Fund") in July 2016 and is making an additional equity  commitment of up to EUR 10 million.  The Fund is a Jersey limited partnership and targets EUR 200 million of total  capital commitments.  The Fund will seek to generate long-term capital appreciation through  control-oriented equity investments into fast growing medium-sized companies in  Turkey.  The Bank's participation will help mobilise additional private sector  investment in the Fund.
Regional SME CSP II - Serbia Banca Intesa Long-term senior unsecured loan to Banca Intesa Belgrade ("BIB") for on-lending  to small and medium enterprises (SMEs) in Serbia. The loan is envisaged under  the Regional SME Competitiveness Support Programme ("SME-CSP").  The loan is envisaged to provide financing for on-lending to the local SMEs for  investments in environmental protection, workers' safety and product quality  and safety, in order to introduce and implement EU standards, which will boost  SMEs' competitiveness. At least 60% of the use of proceeds is expected to be  related to Green Economy Transition ("GET") investments.
Cholpon-Ata Water sub-project In 2011 the EBRD established a sovereign framework of up to EUR 20 million to  co-finance with international donors priority water and wastewater  rehabilitation projects across the Kyrgyz Republic.  Under the framework the Bank provides sovereign loans, on-lent or on-granted  to participating water companies. The sub-projects address urgently needed  water and wastewater infrastructure rehabilitation needs. The original  framework is now fully subscribed and the Bank has approved an extension of the  facility of EUR 20 million.  Under the extended framework the EBRD is supporting the Cholpon-Ata Water  Sub-Project.  The EBRD would extend a sovereign loan of up to EUR 1.0 million to the Kyrgyz  Republic, to be transferred to Cholpon-Ata City for the benefit of the  Cholpon-Ata Water Company for water system rehabilitation.  The EU Investment Facility for Central Asia (IFCA) will provide a grant in  the amount of EUR 3.1 million to co-finance implementation of the sub-project.  Additional co-financing in the amount of EUR 1.0 million is expected from an  IFI.  The overall objectives of this sub-project are to: (a) rehabilitate the water  supply system; and (b) improve financial and operational management.
Khiva Malika hotel Provision of a senior secured long-term loan of up to €300 thousand to Khiva  Malikasi LLC ("the Company"), a local hotel operator in Khiva, Uzbekistan.  The EBRD funding will support the renovation of three hotels and surrounding  infrastructure operated by the Company in the Khiva, Uzbekistan.