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KyrSEFF III - DKIB Loan III

Sector: Geothermal • Location: Kyrgyz Republic

Source: European Bank for Reconstruction and Development (EBRD)

Project
Approved

The provision of a senior synthetic KGS loan or US dollar loan of up to US$ 20 million to Demir Kyrgyz International Bank (DKIB) under the Kyrgyz Republic GEFF (KyrSEFF III). The proceeds will be on-lent to sub-borrowers for energy efficiency, renewable energy, circular economy, and climate resilience investments. The project will further strengthen MSE competitiveness, improve climate resilience

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Project Information

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The project “KyrSEFF III - DKIB Loan III” is an infrastructure initiative in the Geothermal sector, located in Kyrgyz Republic. Taiyo aggregates data on it from European Bank for Reconstruction and Development (EBRD).

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Participants

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approved

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Description

Description

The provision of a senior synthetic KGS loan or US dollar loan of up to US$ 20 million to Demir Kyrgyz International Bank (DKIB) under the Kyrgyz Republic GEFF (KyrSEFF III). The proceeds will be on-lent to sub-borrowers for energy efficiency, renewable energy, circular economy, and climate resilience investments. The project will further strengthen MSE competitiveness, improve climate resilience and promote the financial sector development in particular through local currency lending. The loan will be provided in three tranches of US$ 10 milion, US$ 5 million and US$ 5 million respectively with the second and third tranches being uncommitted.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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