devinitorg/iati-policy-markers huggingface dataset:
Bank Respublika MSME Loan II A senior unsecured AZN loan to be provided under the Financial Intermediaries  Framework ("FIF") in the amount of up to USD 4 mln equivalent (EUR 3.4mln) in  favour of Bank Respublika.  The project is implemented under Financial Institutions Framework (FIF) with  proceeds to be used for on-lending to private micro-, small and medium sized  enterprises (MSMEs) in Azerbaijan in accordance with the FIF Policy Statement.  The transaction will support the leading private bank in Azerbaijan through (i)  diversification of its funding structure with medium-term LCY resources; and  (ii) support of its MSME portfolio growth.
Regional SME CSP - NLB Bank Skopje Provision of a senior unsecured loan of up to EUR 5.0m under the Regional SME  Competitiveness Support Programme ("CSP") in two tranches of EUR 3.0m and EUR  2.0m (2nd tranche uncommitted). Tenor: up to 5 years maturity (consisting of  1year grace and 4 years for principal repayment).  This project was approved in the context of the Bank's response to the  COVID-19 pandemic. To avoid delays to the delivery of this project, the Bank's  President granted a deviation from the ordinary timelines for PSD disclosure,  as contemplated by Section V of theDirective on Access to Information. Details  of the Bank's response to COVID-19, and this deviation, can be found on our  website.  Supporting investments in small and medium-sized enterprises (SMEs) to upgrade  production facilities and comply with various EU Directives in the field of  environmental protection, workers' safety and product quality and safety. The  investments will be selected based on the technical and financial eligibility  criteria set forth in the Policy Statement. Support to SMEs is tailored as a  combination of access to finance with TC and non-TC assistance. At least 60% of  the use of proceeds will be related to Green Economy Transition ("GET")  investments.
AYA Gold &amp;amp; Silver Provision of up to USD 100 million senior loan to support expansion and upgrade  of its Zgounder silver mine in Morocco, including (i) a new state of the art  2,000tpd processing plant; (ii) a new power line with a renewable energy power  purchase agreement; (iii) new wastewater facilities; and (iv) expansion of the  underground and open pit mine. The facility will have 6-year tenor. USD 92  million will be underwritten by EBRD of which USD 50 will be syndicated after  signing and USD 8 million to be provided from the Clean Technology Fund.  The project will enable to support an independent mining company in Morocco in  strengthening its competitiveness through gains in efficiency, skills,  productivity and innovation.
Converse Bank  Women in Business  Loan Provision of a senior unsecured loan in the amount of up to USD 2 million  equivalent in local currency to Converse Bank for on-lending to women-led MSMEs  in the frames of the Women in Business (WiB) Programme in the Eastern  Partnership countries.  The project aims to promote women's entrepreneurship and participation in  business by improving their access to finance and advice through dedicated  credit lines and tailored technical assistance programmes. A special focus will  be given to distribution of funds in the regions and outreach to new customers.
VMTG Project Provision of an equity investment in the form of a capital increase in return  for a stake in Vestmoldtransgaz srl ("VMTG"), the Moldovan gas transmission  company that is ultimately owned and controlled by the Romanian Transport  Sistem Operator SNTGN Transgaz SA  ("Transgaz"). The Bank's investment will  fund the construction of the natural gas pipeline Ungheni-Chisinau in Moldova  with a length of ca. 120 km and a planned capacity of 1.5 bcm.  The project is part of the EU-promoted gas connection of the transmission  systems of Romania and Moldova by linking Chisinau, a major area of gas  consumption in the country, to the interconnector between the eastern Romanian  city of Iasi and Ungheni, a Moldovan town on the Romanian border. This  connection will enhance Moldova's energy security by diversifying its gas  supply sources - a prerequisite for the country's economic development.
Turk Traktor Green Loan The EBRD provided up to EUR 70 million long-term loan to Turk Traktor ve Ziraat  Makineleri A.S. (the "Company") to implement a capex programme that includes  (i) modernization of existing manufacturing plants located in Sakarya and  Ankara for the implementation of EU Stage V compliant engine production, as  well as associated R&amp;amp;D; and (ii) installation of a greenfield rooftop solar  plant at Sakarya plant.  The proceeds of the financing will enable Turk Traktor to implement a capex  programme that includes modernization of existing manufacturing plants located  in Sakarya and Ankara for the implementation of EU Stage V compliant engine  production, as well as associated R&amp;amp;D, and installation of a greenfield rooftop  solar plant at Sakarya plant. The Project will enable Company to produce  engines compliant with EU Stage V emission standards hence will result lower  emissions and increase renewable energy consumption. In addition, the Project  will help the Company to strengthen human capital and gender equality by  promoting more open and equal economic opportunities in a traditionally  male-dominated sector. This will be achieved through upgrades of HR policies  and practices with the view to achieve greater workforce diversity among both  white and blue collars. The Project is in line with EBRD's Strategy for Türkiye  as it supports higher value-added activities and increased energy and resource  efficiency. The Project is also aligned with the EBRD's Green Economy  Transition ("GET") Approach.
Profi Rural Expansion The EBRD is providing a loan of up to RON 109.5 million to Profi Rom Food SRL  ("Profi"), a leading food retailer based in Romania. The proceeds of the loan  will be used to support the expansion of Profi's network of stores in Romania.  Null Value
Eldorado Gold Project The EBRD is investing CAD 81.5m (c. USD 60 million) in Eldorado Gold  Corporation (Eldorado or the Company), a Canada-based mining company with  operations across Türkiye, Greece, and Canada. The Bank's financing will  support the development of the Skouries copper-gold project operated by Hellas  Gold S.A., a wholly-owned subsidiary of Eldorado (the Project). The Skouries  mine, part of the Kassandra mines complex, is located in the Halkidiki  Peninsula of Northern Greece and is the key growth driver of Eldorado.  The proposed transaction represents the Bank's first mining investment in  Greece. The Bank's involvement in the Project will support one of the largest  foreign investors in the country with an extensive global experience in mining  operations and development.  The EBRD's investment will be used to finance the development, construction  and operation of the Skouries copper-gold project in Greece. The Project will  enable the Company to expand into copper production over the next 20 years,  which is in addition to its existing polymetallic production at the Olympias  mine in Greece, and hence increase the support for long-term mining of a  critical metal for the green transition.
EaP SMEC - TBC Bank Senior unsecured debt of EUR 25mln to be provided to TBC Bank to support  investment financing for micro-, small and medium sized enterprises ("MSMEs")  in Georgia and promote EU standards in the market under the Eastern Partnership  SME Competitiveness Programme for sustainable investments in technology and  equipment.  The project will enable the company to finance long-term investments of  Georgian MSMEs in upgrading their technology and equipment necessary to meet EU  standards in terms of product quality, health and safety measures and  environmental protection. The Project aims to deliver at least 70% of sub-loans  complying with EBRD Green Economy Transition (GET) approach.
RLF - Moldovan Railways Crisis Response &amp;amp;#128;23m loan The operation will finance the acquisition of materials required for the  rehabilitation of railway infrastructure on Moldova's Valcinets - Balti -  Ungheni section (under Tranche I) and the Chisinau - Cainari section (under  Tranche II) (together referred to as the "Project").  The Project will support Moldova's economic development, increase its logistics  and transit potential and bring operational efficiency from improved regional  infrastructure through the rehabilitation of the railway sections on the  North-South Rail Corridor.  The Project will facilitate the transportation of goods via alternative  routes from Ukraine via Moldova to the EU. This aims to ensure food security  and improves the access for Ukrainian goods to the largest operable port at the  Black Sea, Constanta, as well as to ports in Romania, Moldova and Ukraine - at  Galati, Reni, Ismail and Giurgiulesti, with a cumulative operating capacity  that can absorb a significant part of Ukraine's export needs.  The Project supports the shift from high to low-carbon modes of transport as  the goods from and to Ukraine via Moldova are predominantly transported by road  due to the lack of capacity of the Moldovan North-Central railway network. The  Project is expected to increase the throughput capacity and lift speed  restrictions on the current rail infrastructure.
Kronospan Smorgon Cluster Kronospan Mogilev  Long-term senior loan of up to €84.6 million to Kronospan OSB FLLC, a foreign  limited liability company domiciled in Belarus, to finance the capacity  expansion programme and infrastructure upgrade at its plant in Mogilev, as well  as to refinance the Company's existing debt to EBRD.  Kronospan OSB FLLC is an existing client of the EBRD. The existing loan to  the Borrower was provided in 2013.     Kronospan Smorgon Cluster  Long-term senior loan of up to €124.2 million to Kronospan FLLC, a foreign  limited liability company domiciled in Belarus, to finance the capacity  expansion programme and infrastructure upgrade at its plant in Smorgon, the  creation of a furniture production cluster and a multifunctional training and  exhibition complex at the site in Smorgon, as well as to restructure the  Company's balance sheet.  Kronospan FLLC is an existing client of the EBRD. The existing loan to the  Borrower was provided in 2011-2014.  The proposed facility will support the investment programme carried out by  Kronospan at its oriented strand board (OSB) plant in Mogilev. The proceeds  from the EBRD loan will be allocated towards capital expenditure focusing on  the capacity increase in its OSB manufacturing facility, the purchase of  railway wagons to facilitate transportation of its products in the region, and  the development of the plant's infrastructure. The Project will enable  Kronospan Mogilev to increase its production capacity, start exporting into the  new markets, and to expand its training programmes for workers to improve their  skills.  The proposed facility will also support the investment programme carried out  by Kronospan at its particleboard and MDF plant in Smorgon. The proceeds from  the EBRD loan will be allocated towards capital expenditure focusing on the  capacity increase in its particleboard manufacturing facility, the development  of the plant's infrastructure, the creation of a furniture production cluster  and a multifunctional training and exhibition complex at the site in Smorgon.  The Project will enable the Kronospan Smorgon to increase its production  capacity and to expand its training programmes for workers to improve their  skills.
UCB Serbia - Mortgage Loan The EBRD is providing a mortgage loan of up to EUR 20 million to UniCredit Bank  Serbia JSC to be on-lent by UniCredit Bank Serbia to private individuals in  Serbia.  The proceeds of the loan will be used by UniCredit Bank Serbia to provide  long-term financing for residential mortgages in Serbia.
Renewable Energy Loan:  - BURNOYE SOLAR POWER PLANT EXTENSION A financing extension of a ground-mounted solar PV power plant in the Zhambyl  region, Southern Kazakhstan.   As an extension of the first large-scale solar power plant in Kazakhstan, the  project has the potential of becoming an example of successful implementation  of a project-financed renewable energy project in the country.  Located in the electricity-constrained southern part of the country the Project  will help reduce dependence on the electricity imports from other regions  (mostly coal fired plants in the North) and reduce associated transmission  losses.
NBK Egypt - Youth in Business Provision of a senior unsecured loan of up to USD 10 million to the National  Bank of Kuwait S.A.E (NBKE) under the FIF - Egypt Youth in Business ("YiB")  programme, for on-lending to eligible private MSMEs whose overall operational  management responsibility or majority ownership is held by a person (or  persons) under the age of 35 as defined in the Policy Statement ("Youth MSMEs").  The project is expected to increase the pool of financing available to young  individuals in Egypt and to help this group of borrowers build their skill-set  and develop their businesses, thereby promoting youth entrepreneurship and  youth's participation in business through an integrated approach.
Merlon Petroleum This outlines a two-year extension to the original facility signed in 2015 with  an increase in the Bank's commitment.  The project entails an EBRD loan to finance the client's operations in Egypt,  including investments to reduce associated petroleum gas (APG) flaring, and  capital expenditures for field development. As part of the project the Bank  will assist the company in strengthening its network of local suppliers.  Null Value
Alpha Bank SP bond The EBRD invested EUR 35 million in an inaugural, benchmark EUR 500 million  senior preferred ("SP") bond issued by Alpha Bank S.A., a commercial bank  incorporated in Greece, in September 2021. This is the first SP instrument  issued by Alpha Bank since the introduction of the EU Bank Recovery and  Resolution Directive that meets the regulatory minimum requirements for own  funds and eligible liabilities (MREL). The SP bonds have a maturity of 6.5  years, with a call option after 5.5 years, and are listed on the Luxembourg  Stock Exchange. This follows previous investments the EBRD made in 2020 and  2021 in Alpha Bank's earlier issuances of MREL-eligible Tier 2 subordinated  bonds (https://www.ebrd.com/work-with-us/projects/psd/51547.html).  The Project boosts the resilience of a systemic bank in Greece in the context  of ongoing restructuring and MREL requirements phasing in at EU level and  supports the bank in implementing its strategic transformation plan and  establishing its regular access to capital markets with unsecured instruments.  Furthermore, the EBRD promotes resource efficiency in the country by requiring  Alpha Bank to allocate funds in the amount of 1.5 times of EBRD's subscription  to finance green investments in renewable energy and energy efficiency.
Maxima Grupe Project The Bank has invested EUR 40m in the leading Baltic retailer Maxima Grupe UAB's  first bond issuance.  As part of the issuance, Maxima Grupe has received a  credit rating of BB+/ stable outlook from S&amp;amp;P. The size of the issuance is EUR  300m and the Bond has a maturity of 5 years.  The proceeds of the bond issuance will facilitate refinancing of the Borrower's  existing short term bridge loan obtained for acquiring Polish supermarket chain  Emperia Holding S.A. The Bank's presence is expected to provide confidence to  investors by supporting the largest issuance by a private sector company in the  Baltic States and supporting a successful first bond issuance by the Company.
QNB Finansbank Project This project was approved as part of the Bank's response to the Covid-19  pandemic. To avoid delays to the delivery of this project, the Bank's President  granted a deviation from the ordinary timelines for PSD disclosure, as  contemplated by Section V of the Directive on Access to Information. Details of  the Bank's response to Covid-19, and this deviation, can be found on our  website.  A senior unsecured loan of up to EUR 50 million in favour of QNB Finansbank,  a universal commercial bank incorporated in Turkey. The proceeds of the loan  will be channelled by QNB Finansbank to Turkish businesses with a focus on  Micro, Small and Medium Enterprises ("MSMEs").  The loan is complemented by EUR 50 million trade finance line to support the  lender's trade finance activities.  The operation will enable the lender to increase the availability of short-term  financing to MSMEs in Turkey facing liquidity stress due to the Covid-19 crisis.
Forte Bank SME Loan II A 3-year senior loan to ForteBank JSC ("Forte") in the amount of up to US$ 50  million in KZT equivalent. The financing will be used for on-lending to  eligible private micro, small and medium-sized enterprises (MSMEs) in  Kazakhstan.  The Project aims to support local currency lending to the MSME sector in  Kazakhstan by providing long-term financing to Forte, one of the largest  lenders in the country. A special focus will be given to distribution of funds  in the regions outside the cities of Astana and Almaty.
UCB SME LCY Loan I Long-term local currency senior unsecured loan to UniCredit Bank Serbia JSC  ("UCB") for on-lending to small and medium enterprises (SMEs) in Serbia.  The project will contribute to the expansion of lending to private businesses  through working capital lines and investment loans to SMEs, including  enterprises operating in economically less developed regions of the country.  Furthermore, the transaction supports UCB's growth strategy and diversification  of its funding sources. Loan will promote dinarization and help decrease FX  mismatch in balance sheets of SME's which generate revenues in local currency.
Ankara Etlik Hospital PPP The EBRD is investing in a hospital infrastructure PPP project involving the  design, construction, equipping, financing, and maintenance of an integrated  health campus in Etlik, Turkey, pursuant to a 27.5 years concession awarded by  Turkey's Ministry of Health. Under this PPP structure, the Concessionaire will  supply and maintain the hospital facilities, while the provision of medical  care and services will remain the responsibility of the Ministry of Health.  Total Project Costs are estimated at ca. EUR 1.1 billion.  EBRD will assist in increasing private sector participation in the hospital  infrastructure sector in Turkey. The Project is expected to be one of the first  hospital infrastructure PPPs in Turkey to involve an international sponsor, and  as such it will be a flagship project setting standards for future PPP projects  in the country. In response to the need for large capacity investments in  healthcare systems, governments are seeking to tap private sector resources and  know-how to construct and manage infrastructure related facilities more rapidly  and more efficiently, while medical service provision remains under the  responsibility of the state.  Null Value
Regional - MAIB A senior loan of up to EUR 5 million with a maturity of 4 years, of which 75%  (EUR 3.75 million) will be provided by the EBRD and up to 25% (EUR 1.25  million) provided by Green Climate Fund (GCF).  The proposed operation complies with the GCF GEFF Regional Framework  criteria. Proceeds of the loan will be on-lent in line with the Policy  Statement for the facility to private sector sub-borrowers (individuals, small  and medium-sized enterprises (SMEs) and corporates) for investments in climate  change mitigation and adaptation technologies and services in a  gender-responsive way. The lender will benefit from Technical Cooperation (TC)  in form of trainings, capacity building and support for project implementation  from the dedicated programme consultants.
Go Digital Pilot in BiH - Raiffeisen Bank Provision of a senior loan of up to EUR 9m under the Go Digital Pilot in BiH  programme (the "Programme"). The Programme is supported with donor funds in the  total amount of EUR 9m from the European Union.  The Project supports the aim of the Programme to: (i) improve SMEs' access to  finance in order to invest additional resources to introduce EU standards  through the provision of financing and investment incentives; (ii) pilot an  approach to supporting SMEs that invest in automation and digitalisation with  minimum 60% of funding to be invested in automation and digitalisation  investments and minimum 10% of funding to be invested in only digital  investments, (iii) support transition to a green economy ("GET technologies"),  by targeting a GET-eligible share of at least 60%, and (iv) increase the  awareness and knowledge of SMEs in BiH through the Advice for Small Business  services ("ASB") with a focus on automation and digitalisation projects.
Scatec Benban V (Zafarana Solar Project) Long-term senior debt financing of up to USD 40.5 million (EUR 37.9 million  equivalent) to finance the construction of 50 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 totalling six 50 MW plants  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.
BM Kazakhstan 2 The provision of a senior unsecured loand of up to US$ 60 million to Borusan  Makina Kazakhstan LLP (BMK), a distributor ans seller of heavy machinery and  the EBRD's existing client. The loan will be provided in two tranches of US$ 30  million each.  The loan will be used to fund the BMK's 2022-2023 captila expanditure plans  (including expansion of component rebuild centre in the city of Karaganda and  the acquisition of new equipment) as well as for working capital needs.
Western Balkans GEFF II - KRK Provision of a senior unsecured loan of up to EUR 2 million to be provided in  two tranches (a first tranche of EUR 1.5 million and a second, uncommitted,  tranche of EUR 0.5 million) under the Western Balkans Green Economy Financing  Facility II (WB GEFF II). The loan will have a 3-year tenor, consisting of up  to 1 year of grace period and 2 years for principal repayment.  The facility will support investments in high-performance green technologies,  materials and solutions undertaken in privately-owned residential dwellings or  buildings. Sub-projects will be selected according to technical and financial  eligibility criteria set forth in the Policy Statement for WB GEFF II. 100 per  cent of the use of proceeds will be related to Green Economy Transition  investments.
Atasu II Project The provision of EUR 25 million loan (in USD or KZT equivalent) to LLP Atasu  Group, one of the intermodal logistics operators in Kazakhstan.  The project is an operation change providing for (i) an extension of an  additional EUR 12.5 million loan and (ii) a change in the use of proceeds for  the existing EUR 12.5 million.  The proceeds for the total amount of EUR 25 million co-finance (i) a buyback  of the stake held by a minority investor in the Company, (ii) modernisation of  the Dostyk railway terminal, and (iii) acquisition of 145 open top railway  wagons (the "Project").  The total cost of the Project is EUR 61 million. The balance will be funded  by a local commercial bank and internally generated cash.  The Project will be supporting a private company investing in commercial  transport operations such as the expansion of fleet and rail freight services.  It will also contribute to the development of transportation services along the  Middle Corridor (also known as the Trans-Caspian Corridor).