Recherche Fr menu fr ClientConnect
5 premiers résultats de la recherche Voir tous les résultats Recherche avancée
Recherches les plus fréquentes
Pages les plus visitées
    Référence: 20220772
    Date de publication: 15 avril 2024

    Promoteur – Intermédiaire Financier




    The facility, under Global Authorisation 2020-0043 (COVID-19 SME Access to Finance Initiative), will guarantee a portfolio of loans to micro, small and medium-sized Enterprises (MSMEs) in Moldova.

    Additionality and Impact

    The proposed partial portfolio guarantee (PPG) to BC Moldova Agroindbank SA (MAIB) will mitigate the credit risk of final beneficiaries, thereby contributing to improving access to finance for micro, small and medium enterprises (MSMEs) in the Republic of Moldova. MSMEs are the backbone of the Moldovan economy and account by far for most of the firms in the country. However, their added value and employment capacity are constrained, among other factors, by limited access to financial resources. Based on the 2019 Enterprise Survey jointly conducted by the European Investment Bank (EIB), European Bank for Reconstruction and Development (EBRD) and World Bank (WB), the share of credit-constrained firms is around 41.5%, somewhat higher than in other Eastern Partnership countries. Of these credit constrained firms, the vast majority (over 84%) were discouraged from even applying for a loan, indicating that a large share of firms runs the risk of becoming disconnected from the banking sector. The provision of adequate financing to MSMEs is hindered by market failures, namely externalities and information asymmetries. Moreover, the segment has been severely hit by the consequences of the war in Ukraine. The operation will help address these market shortfalls by mitigating the credit risk borne by the intermediary banks, thereby enabling them to lend to MSMEs at attractive terms and conditions. The operation is consistent with EU external policy objectives (in particular the overarching priority to foster jobs and sustainable and inclusive growth), country development objectives and will contribute to a number of Sustainable Development Goals (SDGs), most notably SDG8 (Decent Work and Economic Growth) and SDG10 (Reduced Inequalities).


    The aim is to mitigate the credit risk of the intermediary and enhance the beneficiaries access to loan finance at improved terms and conditions, especially reduced collateral requirements and/or lower financing costs. Consequently, the operation contributes to economic resilience and employment generating activities.


    Montant BEI envisagé (montant approximatif)

    EUR 5 million

    Coût total (montant approximatif)

    EUR 44 million

    Aspects environnementaux

    The EIB will require that implementation of the project will be done in line with the principles of EU environmental legislation and EIB Environmental and Social Standards.

    Passation des marchés

    The EIB will require that implementation of the project will be done in accordance with the EIB's Guide to Procurement.


    Signé - 5/04/2024

    À l'examen
    21 novembre 2023
    5 avril 2024

    Clause de non-responsabilité

    Avant d’être approuvés par le Conseil d’administration et avant la signature des prêts correspondants, les projets font l’objet d’une instruction et de négociations. Par conséquent, les informations et données fournies sur cette page sont indicatives.
    Elles sont fournies à des fins de transparence uniquement et ne peuvent être considérées comme représentant la politique officielle de la BEI (voir également les notes explicatives).

    Mots-clés correspondants

    Moldavie Lignes de crédit