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$80,000.00 (Project budget includes all project-funded activities)
Last Updated Date
Jun 18, 2024
Project Estimated Start Date
Dec 21, 2022
Project Estimated End Date
Dec 31, 2024
Client Legal Name
Banca Comerciala Moldova-Agroindbank SA
Project Description
The overall project’s objective is to provide access to financial and non-financial solutions to Ukrainian FDP in the Republic of Moldova by supporting MAIB Bank, Moldova’s largest commercial bank and lender, in developing and piloting a value proposition towards this population, with a particular focus on women as consumers and entrepreneurs/businesses.
Development Results
The overall project’s objective is to support MAIB Bank, Moldova’s largest commercial bank and lender, in developing and piloting a value proposition towards Ukrainian FDPs, with a particular focus on women as consumers and entrepreneurs/businesses.
Indicator
Cumulative
Number of recommended procedures/firm-level policies/practices/standards that were improved or eliminated
0
Number of new financial products designed
1
Number of participants in workshops, training events, seminars, conferences, etc.
24
Number of participants providing feedback on satisfaction
0
Number of participants reporting satisfied or very satisfied with workshops, trainings, seminars, conferences, etc.
0
Number of procedures/firm-level policies/practices/standards recommended for improvement or elimination
3
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completed
5
Number of women participants in workshops, training events, seminars, conferences, etc.
14
Number of workshops, training events, seminars, conferences, etc.
8
E&S Risks / Impacts and Mitigation
Performance Standard
Description and Potential Impact
Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards. The principles of the relevant Performance Standards have been applied to the project design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the Project.
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards. The principles of the relevant Performance Standards have been applied to the project design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the Project.
Press-Release
Additional Documents
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This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
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