Bulgaria's labour productivity up 2.1% y/y in Q3 - prelim data
N. Macedonia's annual inflation decelerates to 3.1% in Nov
Air Serbia passenger traffic up 39% y/y in Nov
Kosovo's Ferizai awards Companya Eskavatori road asphalting deal
Moldova's Q3 jobless rate rises to 4.1%
Nov 06, 2017 17:51 EEST
November 6 (SeeNews) - The European Bank for Reconstruction and Development (EBRD) said on Monday it is seeking to appoint a risk sharing framework (RSF) consultant, to be based in Tirana.
The RSF aims to assist local partner banks in meeting the financing needs of successful small and medium-sized enterprises that have begun to outgrow the countries’ financial sector. Through the framework, the EBRD offers partner banks funded or unfunded risk-participation schemes, under which the EBRD will take usually 50% (exceptionally up to 65%) of the risk of sub-loans extended by the partner banks under this framework.
The RSF consultant will have to strengthen the knowledge of the framework amongst partner banks, increase the number of sub-loans signed and improve the quality of RSF transactions, the EBRD said in an invitation for expressions of interest.
"While Albania will be the primary country of focus, engagement with partner banks in other countries of the Western Balkans may also be envisaged during the assignment," the EBRD said.
The RSF consultant will be available during a two-year period starting from January 2018. It is expected that the assignment will be funded by the EBRD technical cooperation funds, the statement added.
The submission deadline is November 30, 2017.
You have run out of free articles this month.
Sign up in for
and get ten (10) free articles per month or sign up for
and get unlimited access.
Browse our free newsletter options