PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

608898

Primary Business Area

Other

Disclosure Date

Apr 6, 2025

Country

Kosovo

Region

Europe

IFC Approval Date

Aug 9, 2024

Status

Active

Estimated Total Budget

$980,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Apr 29, 2025

Project Estimated Start Date

Aug 9, 2024

Project Estimated End Date

Sep 30, 2027

Client Legal Name

ASB,AMA Albanian MF Association,AAB Assoc Banks,KBA,CQK

Project Description

Project Description The Project as a part of the Global Financial Infrastructure Program (GFIP II) is being implementing by Country Advisory and Economics unit in Europe region in partnership with the State Secretariat for Economic Affairs of Switzerland (SECO) The Project aims to enhance the functionality and efficiency of the Credit Information Systems (CIS) in three Western Balkans countries (Albania, Kosovo and Serbia) that will help to improve risk management practice related to the usage of predictive analytics tools, big data sources and the demand among the financial institutions in additional products supporting their credit operations for reducing the lending risks and supporting better access to credit for individuals and SMEs. To achieve these goals the Project will work on policy and institutional levels to support regulatory reforms, public-private dialog, access to knowledge and raising capacity building.

Development Results

E&S Risks / Impacts and Mitigation