Requirements For EBRD Financing
Direct investments generally range from €5 million to €230 million. Smaller projects are financed both directly by the EBRD and through financial intermediaries. By supporting local commercial banks, micro-business banks, equity funds and leasing facilities, the EBRD has helped finance over 1 million smaller projects.
The EBRD provides loan and equity finance, guarantees, leasing facilities and trade finance. The Bank also finances professional development through support programmes.
Smaller projects may be financed through financial intermediaries or through special programmes for smaller direct investments in the less advanced countries.
To be eligible for EBRD funding, the project must:
- be located in an EBRD country of operations
- have strong commercial prospects
- involve significant equity contributions in-cash or in-kind from the project sponsor
- benefit the local economy and help develop the private sector
- satisfy banking and environmental standards.
Read more about this topic: European Bank For Reconstruction And Development