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AASF - Intesa Sanpaolo Albania Risk Sharing Facility
Details
Location:Albania
Status:Approval
Sectors:Macro-Economy & Public Finance, Tourism, Private Sector & Trade, Agriculture & Rural Development
Languages:English
Contracting authority: Intesa Sanpaolo Bank (formerly American Bank of Albania)
Description
AASF - Intesa Sanpaolo Albania Risk Sharing Facility Project ID: 48681 Status: Signed Business sector: Financial Institutions Notice type: Private Environmental category: FI Approval date: 23 May 2017 Disclosure date: 25 Jun 2025 Project Overview: As perm
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tender Background
About the Funding Agency
EBRD - European Bank for Reconstruction and Development - is a multilateral development bank, using investment as a tool to help build market economies. Initially focused on the countries of the former Eastern Bloc (former European Communist Countries), it expanded its support to development in the democracies of 30 countries from central Europe to central Asia. EBRD invests mainly in private enterprises.
EBRD is not to be confused with the European Investment Bank (EIB), which is owned by EU member states and is used to support EU policy.
About the Sectors
Macro-Economy & Public Finance
Includes initiatives that support macroeconomic stability, sound fiscal policy, and effective management of public financial resources.
Key areas:
- Macroeconomic analysis and policy support
- Public finance management (PFM)
- Government budgeting, taxation, and debt management
- Economic growth and development strategies
Tourism
Focuses on the development and management of tourism activities and services that support leisure, recreation, and sustainable travel.
Key areas:
- Tourism development and destination management
- Leisure, recreation, and hospitality services
- Eco-tourism, agro-tourism, and nature-based tourism
- Hotel, resort, and travel agency operations
Locations
Albania
Albania focuses on road modernization, rail upgrades, port expansion, and energy infrastructure to improve regional integration and support economic growth. EU cohesion and pre-accession funds are a major source of infrastructure financing. Investments aim to strengthen trade links with neighboring countries and enhance tourism accessibility. Governance reforms, fiscal capacity, and project implementation efficiency remain critical challenges.
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