Fif Prs Procredit Tender

Project ID: 56686
Status: Approved
Location: North Macedonia
Business Sector: Financial Institutions
Notice Type: Private
Environmental Category: FI
Approval Date: 28 Oct 2025
Disclosure date: 30 Oct 2025
Project Description
Portfolio Risk Sharing ("PRS") in the form of an unfunded financial guarantee of up to €25 million EBRD's exposure that will cover the credit risk of up to 50 per cent of the aggregate amount of a granular portfolio of newly issued eligible MSME loans of up to €50 million originated by PCBM, denominated in EUR and MKD.

Project Objectives
The proposed project is the first pilot PRS transaction in North Macedonia that aims to broaden spectrum of EBRD products on the market with a new and effective solution that is designed to de-risk PFIs and address the MSME financing gaps by particularly focusing on working capital and overdraft loans in the Micro, Small and Medium Enterprises ("MSME") segment.