PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

606725

Primary Business Area

Financial Institutions Group

Disclosure Date

Mar 30, 2022

Country

Albania

Region

Europe

IFC Approval Date

Nov 24, 2021

Status

Completed

Estimated Total Budget

$80,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Jun 19, 2024

Project Estimated Start Date

Nov 15, 2021

Project Estimated End Date

Dec 31, 2022

Project Description

This Project is following on engagement of the ECA Covid response D&S which is a part of Country Driven Budgeting (CDB). The project aims to support Union Bank during the COVID-19 pandemic situation, by identifying critical areas the Bank needs to improve in the areas of IT organization and operating model and credit risk management tools, and by recommending more robust practices to mitigate and overcome

Development Results

E&S Risks / Impacts and Mitigation