📋 Tender Overview
Project ID: 56296
Status: Approved
Location: Albania
Business Sector: Financial Institutions
Notice Type: Private
Environmental Category: FI
Approval Date: 03 Jun 2025
Disclosure date: 04 Jun 2025
Project Description
A senior unsecured loan of up to EUR 5.0 million to Tirana Bank (TB) for providing sub-loans to small and medium-sized enterprises (SME) in Albania through the Sustainable Reboot SME Programme (Reboot SME).
Project Objectives
The proceeds of the Bank's investment will be used to provide sub-loans to help finance investments in SMEs in Albania that will assist in improving their competitiveness, including in the EU single market, and compliance with technical standards in line with the EU Directives and other internationally recognised standards. At least 70 per cent of the investments will be used for Green Economy Transition (GET) eligible technologies. Sub-projects will be selected according to technical and financial eligibility criteria set forth in the Policy Statement for the Sustainable Reboot SME Programme.
Transition Impact
ETI score:60
roject will contribute to the overall Programme objectives and support the Competitive and Green TI qualities. The Competitive quality will be supported by: (i) facilitating SMEs' increased competitiveness; and (ii) prioritising investments that result in compliance with EU Directives and other relevant international standards. The project will also facilitate investments in green technologies that will drive the transition to an environmentally sustainable, lower-carbon and climate-resilient green economy, thus supporting the Green quality.
Client Information
TIRANA BANK SHA
TB is currently the 6th largest bank in Albania by total assets and the 5th largest by loans, with market shares of 6.7% and 9.2%, respectively, as of end-3Q2024. Tirana Bank is a universal bank, with c.70 per cent of its loan book being in the corporate and c.30 per cent - in the retail sector. It operates through 33 branches located across the country, serves more than 140 thousand customers, and employs 564 staff.
