π Tender Overview
Project ID: 55869
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
An uncommitted Trade Finance Programme (TFP) limit of up to EUR 5 million to Tirana Bank (TB), available for guarantees for up to 18 months, and cash advances for up to 6 months (sub-limit).
Project Objectives
The proposed uncommitted TFP limit will be instrumental in supporting this growth by unlocking additional commercial capacity, expanding the correspondent banking network, and promoting intra-regional trade. Additionally, the technical co-operation aspect of the project will enhance TB's expertise and know-how, diversify its product offerings, and foster the growth of its trade finance business.
Transition Impact
ETI score:61
project supports the Integrated and Resilient Transition Impact qualities.
Under the Integrated transition quality, the TFP limit will expand access to, and availability of, trade finance across sectors which improves access of products and services to international markets.
The project will contribute to resilience of financial systems through skill transfer support by strengthening the trade finance capabilities of TB.