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MICROCAPITAL BRIEF: OPEC Fund Lending $22m to Raiffeisen Bank for SMEs in Albania

MICROCAPITAL BRIEF: OPEC Fund Lending $22m to Raiffeisen Bank for SMEs in Albania
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Hawra moochhalaTareq alnassarRaiffeisen bank albaniaRaiffeisen bank internationalUn sustainable development goalsRaiffeisen bankOrganization of the petroleum exporting countriesFund for international developmentInternational developmentAssistant directorGeneral tareq alnassarPetroleum exporting countriesBank albaniaAustria based raiffeisen bank internationalDevelopment goalsMicrocapital monitor

OPEC Fund €20mln loan to promote access to finance for local businesses in Albania

OPEC Fund €20mln loan to promote access to finance for local businesses in Albania
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Tareq alnassarChristian canacarisAleksandra vukosavljevicFund for international developmentRaiffeisen bank albaniaEuropean bankInternational developmentEligible liabilitiesAssistant director general tareq alnassarFinancial institutionsWestern balkansEastern europeOutlook stableOutlook positive

OFID 20 million loan to promote access to finance for local businesses in Albania

OFID 20 million loan to promote access to finance for local businesses in Albania
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Aleksandra vukosavljevicTareq alnassarRaiffeisen bank albaniaEuropean bankFund for international developmentInternational developmentEligible liabilitiesAssistant director general tareq alnassarFinancial institutionsWestern balkansEastern europe

Emirates News Agency - OFID €20 million loan to promote access to finance for local businesses in Albania

AUSTRIA, 31st October, 2023 (WAM) The OPEC Fund for International Development (OFID) is providing a €20 million loan to Raiffeisen Bank Albania (RBAL) for on-lending to micro, small and medium-sized enterprises (MSMEs), especially women-led businesses and companies that are supporting food security or green energy projects.The OPEC Fund’s first loan to a financial institution in Albania is extended in parallel with a €50 million loan by the European Bank for Reconstruction and Development (EBRD).The funds are eligible against RBAL’s Minimum Requirements for own funds.

Tareq alnassarAleksandra vukosavljevicEuropean bankFund for international developmentRaiffeisen bank albaniaInternational developmentEligible liabilitiesAssistant director general tareq alnassarFinancial institutionsWestern balkansEastern europe

EBRD and Raiffeisen Bank Albania boost agribusiness and tourism

EBRD and Raiffeisen Bank Albania boost agribusiness and tourism
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Elona mullahi kociEkaterina solovovaRaiffeisen bank albaniaRaiffeisen bank albania board member for corporateEuropean bankBank advice for small businessesEuropean unionRaiffeisen bankAlbania agribusinessTourism support facilityFirst loss riskAlbania agribusiness support facilityBoard memberBank albaniaSmall businesses