Unterzeichnung(en)
Übersicht
- Durchleitungsdarlehen - Durchleitungsdarlehen
The project involves an intermediated facility through the Palestine Monetary Authority (PMA) and financial intermediaries to support the country's economic recovery.
The aim is to improve access to financing for Palestinian micro, small, and medium-sized enterprises (MSMEs) as well as mid-caps.
The operation aims to provide affordable and stable financial support to micro- small- and medium-sized enterprises (MSMEs) and Mid-Caps in Palestine, which represent more than 95% of the Palestinian economy, thus contributing to the resilience and recovery of private enterprises that have been severely impacted by the effects of the war. The Palestinian financial sector and its capacity to support the economy, especially the private sector, are under pressure, also due to the financing needs of the public sector. The operation will provide financial institutions, banks and microfinance institutions, with a stable, long-term source of funding to be on-lent to private businesses, thus softening the current credit crunch. Sustaining financial inclusion amidst the current crisis will contribute to employment generation and provide a lifeline to the struggling businesses.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.
Under EFSD+ Guarantee