Financed ProjectsMoldova-Agroindbank 2.

Identification Code:

OP/11/0826

Total Operation Cost:

0

Maturity:

12 months

Operation Status:

Description and Purpose of the Operation:

Provision of a Bank to Bank Loan to Moldova Agroindbank to support and expand lending operations with SMEs and larger clients with particular focus on agribusiness, one of the key sectors of Moldovan economy.

Countries of Operation:

Moldova (100,00 %)

Financial Product:

Loans

Sector:

Financial Institutions

Domain:

Private

Borrower/Client:

CB Moldova Agroindbank SA

Co-Financiers/Participants:

Guarantors/Sponsors:

Developmental and Regional Cooperation Impact:

The Operation is expected to support the Borrower to diversify its funding base and provide an excellent mechanism for BSTDB to extend funding to Moldovan enterprises and entrepreneurs which cannot be otherwise accessed directly.

Environmental Classification and Impact (summary):

Screened as FI category. The Borrower has adopted basic environmental procedures satisfactory to BSTDB and integrated them as fully as possible into its credit/investment appraisal and monitoring process. During the course of the loan the Borrower will need to undertake environmental assessment of the leasing operations with medium and high environmental risk, as well as ensure proper monitoring of these operations; ensure compliance of the leasing operations with applicable national EHS requirements; strictly follow the Bank's Negative List of Products; and submit annual EH&S performance reports.

Operation Leader:

Financial Institutions II

E-mail:

fi2@bstdb.org