41925-014: AZE: SUBORDINATED LOAN TO BANK RESPUBLIKA OPEN JOINT STOCK COMPANY

Project Data Sheet (PDS): Overview

Description

The assistance is in the form of a dollar-denominated subordinated loan (Tier II capital) of up to $10 million to Bank Respublika Open Joint-Stock Company in order to strengthen the bank's capital position and underpin the expansion of its lending activities, particularly to small and medium-sized enterprises (SMEs). Read More

Country Azerbaijan
Borrower/Equity Investment Name BANK RESPUBLIKA
Project Number 41925-014
Type or Modality of Assistance PS
Financing Private sector (Nonsovereign)
Status Approved
Approval Number 7267
Approval Date 05 Nov 2007
Closing Date 11 Jun 2009
Geographical Location Azerbaijan
Sector Finance
Subsector Banking Systems
Safeguard Categories Environment: FI
Resettlement: C
Indigenous People: C

 

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