PROJECT

Projects

Summary of Investment Information

Project Number

50659

Company Name

TIRANA BANK SH.A.

Date SPI Disclosed

May 23, 2025

Country

Albania

Region

Europe

Projected Board Date

Jun 23, 2025

Environmental Category

FI-3 - No Impact

Status

Pending Disbursement

Last Updated Date

Nov 19, 2025

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Nov 11, 2004
Signed : Oct 10, 2024

Sector

Commercial Banking - Trade

Project Description

The project is an unfunded trade finance guarantee facility for Tirana Bank SHA (Tirana Bank or the Bank) in an aggregate amount of approximately US$5 million under IFC’s Global Trade Finance Program (“GTFP”) in the form of a trade line pursuant to which IFC would guarantee letters of credit and other trade instruments issued by the Bank  to support the Bank’s trade program. The GTFP proposed investment will offer Confirming Banks partial or full guarantees covering the payment risk of the Bank in Albania for their trade-related transactions.

                                                   

Associated Advisory Engagement

               

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation