Project Notice |
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| PNR | 66464 |
| Project Name | FIF - WB YiB II - Union Bank (EFSD+1) |
| Project Detail | Location: Albania Project number: 55880 Business sector: Financial institutions Notice type: Private Environmental category: FI Approval date: 26 Nov 2024 Status: Approved English-language PSD published: 06 Dec 2024 Provision of a senior unsecured loan of up to EUR 2.0 million to be made available in two tranches to Union Bank ("UB") under the Western Balkans Youth in Business ("WB YiB") Programme. The second tranche will be uncommitted. Project Objectives The proposed operation will comply with the criteria under the WB Youth in Business Programme. The proceeds of the Banks investment will be used for eligible Youth MSMEs in accordance with the respective Policy Statement. |
| Funded By | European Bank for Reconstruction and Development (EBRD) |
| Sector | Forestry |
| Country | Albania , Southern Europe |
| Project Value | ALL 2,000,000 |
Contact Information |
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| Company Name | UNION BANK SHA |
| Web Site | https://www.ebrd.com/work-with-us/projects/psd/55880.html |
