Residential GEFF Moldova - OTP Bank

signed

Provision of a three-year senior unsecured loan of up to EUR 12 million equivalent to OTP Bank S.A. under Residential Green Economy Financing Facility Moldova ("RGEFFM") for on-lending to the residential sector (individuals, housing associations, service providers, technology vendors and producers, and construction companies along the residential building supply chain) for green economy investments in Moldova. The loan will be provided in three tranches with the first tranche of EUR 3 million committed. Each tranche will be available for disbursement in Moldovan Lei or in EUR. The proposed project will be supported by donors such as the European Union ("EU") and the government of Norway through High-Impact Partnership on Climate Action ("HIPCA") for the financing of Investment Incentive payments, first loss guarantee in support of the local currency operations and Technical Cooperation ("TC") under the Facility.