MICROCAPITAL BRIEF: Netherlands’ FMO Arranges Syndicated Loan of $110m for Aklease to Support Energy Efficiency in Turkey, with Participation from EBRD, Green for Growth Fund, OFID

The Netherlands Development Finance Company, a government-backed institution also known by its Dutch acronym FMO, recently arranged a syndicated loan in the amount of USD 110 million for Ak Finansal Kiralama AS (Aklease), a leasing subsidiary of the Turkish bank Akbank, to support energy-efficiency and

MICROCAPITAL BRIEF: EBRD, EU, European Investment Advisory Hub to Provide Technical Assistance to SMEs in Bulgaria, Romania

The UK-based European Bank for Reconstruction and Development (EBRD), the EU and the European Investment Advisory Hub recently created a program to provide

MICROCAPITAL BRIEF: Uzbekistan’s NBU Borrowing $70m from EBRD to On-lend to MSMEs

The National Bank for Foreign Economic Activity of Uzbekistan (NBU) recently opened credit lines totaling USD 100 million with the European Bank for Reconstruction and Development (EBRD), a UK-based development finance institution. USD 70 million of the total is earmarked to on-lend to micro-, small and medium-sized enterprises, with the remainder allocated to

MICROCAPITAL BRIEF: EBRD Loans $2.3m to Kreditimi Rural i Kosoves (KRK) to Support “Green Economy” in Kosovo

The European Bank for Reconstruction and Development (EBRD), a UK-based development finance institution created following the Cold War, recently loaned EUR 2 million (USD 2.3 million) to Kreditimi Rural i Kosoves (KRK), a microfinance institution primarily serving the agriculture sector and low-income individuals in Kosovo. As part of EBRD’s Green Economy Transition (GET) policy, the loan will support

MICROCAPITAL BRIEF: Bank Eskhata Borrows $1m as Tajikistan Becomes 17th Country to Host EBRD’s “Women in Business” Programme

The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral development institution, recently announced it is expanding its “Women in Business” programme to Tajikistan with an investment of USD 10 million.

MICROCAPITAL BRIEF: EBRD Lends $2m to Imon International of Tajikistan for Female-Run MSMEs

The European Bank for Reconstruction and Development (EBRD), a UK-based organization that invests in support of market-oriented economic policies, recently lent the local-currency equivalent of USD 2 million to Imon International, an institution that offers microcredit and deposit services with the aim of improving its clients’ standards of living as well as promoting economic development in Tajikistan.

MICROCAPITAL BRIEF: Turkey’s QNB Finansbank Borrows $55m via EBRD’s “Women in Business” Programme, Partially Guaranteed by EBRD, EU, Turkish Government

The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral development institution, recently announced it is extending its partnership with QNB Finansbank, a commercial bank in Turkey, with a five-year loan of USD 55 million under EBRD’s “Women in Business” programme.

MICROCAPITAL BRIEF: EBRD, TaiwanICDF Lending $4m to Moldovan Express Leasing

The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral development institution, recently announced it will loan USD 4 million to Express Leasing and Microcredit, a non-bank financial institution in Moldova that has been owned by US-based private equity firm NCH Capital Group since 2009.

MICROCAPITAL BRIEF: EBRD to Lend $11m to Kazakhstan’s Kassa Nova Bank for MSMEs, Women Entrepreneurs

The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral development institution, recently announced it will extend a credit line equivalent to USD 11 million in Kazakhstani tenge to Kassa Nova Bank. Kassa Nova will allocate USD 6.6 million of the total to micro-, small and medium-sized enterprises (MSMEs) located outside of major metropolitan areas.

MICROCAPITAL BRIEF: EBRD Lending $23m for MSMEs in Romania via Banca Transilvania’s BT Leasing

The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral development institution, recently announced it will loan EUR 20 million (USD 23 million) to Romania’s Banca Transilvania (BT) Leasing to finance micro-, small and medium-sized enterprises (MSMEs).

MICROCAPITAL BRIEF: EBRD Lending $2m to Microfinance Institution Microfund for Women (MFW) for Entrepreneurs, Syrian Refugees in Jordan

The European Bank for Reconstruction and Development (EBRD), a UK-based multilateral development institution, recently announced it will loan USD 2 million in local currency to Microfund for Women (MFW), a microfinance institution in Jordan, to support female entrepreneurs in that country.