Regional Tfp Golomt Tender

Project Description
An uncommitted TFP limit in favour of Golomt Bank JSC (GB) of up to $20 million for guarantees and cash advances under the EBRD's Trade Facilitation Programme.

Project Objectives
The proposed TFP line will facilitate further development of GB's trade finance business. The bank has a substantial expertise in utilizing trade finance instruments and a robust pipeline of eligible TFP transactions. The proposed line will be important for the bank to meet the growing demand for trade finance from its clients and expand its correspondent banking network.

Transition Impact
ETI score: 63

The TFP limit will support Integrated and Resilient TI qualities.

Integrated: TFP limit will expand access to, and availability of, trade finance across sectors which improves access of products and services to international markets.

Resilient: The sub operation supports the transfer of skills by strengthening the trade finance capabilities of participating banks.