📋 Tender Overview
Location: Kosovo
Project number: 54879
Business sector: Financial institutions
Notice type: Private
Environmental category: FI
EBRD Finance Summary: EUR 12,500,000.00
Total Project Cost: EUR 25,000,000.00
Project Description
Portfolio Risk Sharing ("PRS") in the form of an unfunded portfolio guarantee of up to EUR 12.5 million provided by the Bank in favour of Raiffeisen Bank Kosovo ("RBKO"). The guarantee will cover up to 50% of the credit risk on a pro rata basis on the newly-generated MSME loan portfolio of up to EUR 25mln originated by RBKO.
Project Objectives
This project is the first pilot implementation of the PRS product by the EBRD in Kosovo. The product aims to release a bank's risk-taking capacity to boost on-lending to MSMEs, addressing an MSME financing gap in the market.
Transition Impact
ETI score: 60
The transition impact of the project derives from Competitive and Resilient transition qualities. The facility will enable RBKO to further expand lending operations to the MSME sector in Kosovo and derisk RBKO's MSME lending operations.
