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Stand-by credit line to the Deposit Insurance Fund of Kosovo (DIFK)
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Funding Information  (Euro)
Total Actual Commitment:
14.000.000 Euro
Total Planned Commitment:
10.000.000 Euro
Total Actual Disbursements:
0 Euro
Total Planned Disbursements:
0 Euro
Additional info
Activity Created By:
Arita Hasani
Created in workspace:
European Bank for Reconstruction and Development - Team
Computation:
No
Activity Created On:
09/03/2017
Activity updated on:
14/03/2017
 
Identification
Project Title: 
Stand-by credit line to the Deposit Insurance Fund of Kosovo (DIFK)
AMP ID: 
11201034715379

Status:  Ongoing
Status Reason: 
Objectives: 

Overall objective is to protect small depositors from loss in case of bank failure as well as to support the Government and the Central Bank of Kosovo in meeting their objective to foster the soundness, solvency and efficient functioning of a stable, market-based financial system. If and when required, the stand-by credit line will provide immediate funds to DIFK to fulfil its mandate in compensating the insured depositors.


Description: 

Senior loan of up to EUR 24 million in the form of a stand-by credit line, fully guaranteed by the Republic of Kosovo. The line will be made available in three tranches.


Related Projects: 

Results: 


Budget
Activity is Off Budget


Funding Organizations and Internal Project IDs: 
Planning

Actual Start Date:  22/12/2016
Original Completion Date:  22/12/2023
Actual Completion Date: 
Location
[Kosovo] 100%

Implementation Level: National

Implementation Location: Country

Sectors
OECD/DAC Sector
DAC-CRS Sector Scheme - 240 - BANKING AND FINANCIAL SERVICES (100.0)%

Sector Working Group
Sector Working Group - OTHER (100.0)%

Funding
Organization Name : European Bank for Reconstruction and Development
Organization Role : donor
Aid Type : Loan
Financial Instrument : Project (PRO)
Planned Commitments
Planned
31/12/2018
6.000.000   Euro
Planned
31/12/2020
4.000.000   Euro
Subtotal Planned Commitments: 10.000.000 Euro    
Actual Commitments
Actual
22/12/2016
14.000.000   Euro
Subtotal Actual Commitments: 14.000.000 Euro    


 
Total Planned Commitments: 10.000.000 Euro  
Total Actual Commitments: 14.000.000 Euro  
Related Documents
Related Organizations
Beneficiary Agency
  • N/A Beneficiary Organization

Secondary Beneficiary Organization
  • Deposit Insurance Fund of Kosovo

Contact Information
Donor funding Contact Information: 
Sebiha Pllana - PllanaS@ebrd.com ;