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FINANCIAL INSTITUTIO

Abstract*

The principal objective of the Financial Institutions Development project is to strengthen the banking sector and increase the availability of investment financing to the enterprise sector. The project will consist of three components: 1) a commercial bank development component, including long-term funding and technical assistance; 2) assistance to the North Estonian Bank (NEB) and 3) technical assistance to assist in project implementation. The project...

* The project abstract is drawn from the PAD, SAR or PGD and may not accurately reflect the project's current nature

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Development Objective

SUPPORT THE GOVERNMENT'S ECONOMIC REFORM PROGRAM WITH EMPHASIS ONDEVELOPING FINANCIAL INTERMEDIARIES, FINANCE SECTOR REFORM, ANDPRIVATE SECTOR DEVELOPMENT.

Key Details

Project Details

  • P008401

  • Closed

  • Barbara Wingate Lee

  • N/A

  • Estonia

  • October 18, 1994

  • (as of board presentation)

    October 18, 1994

  • March 28, 1995

  • US$ 10.00 million

  • B

  • Not Applicable

  • June 30, 1998

  • BANK APPROVED

  • January 15, 2013

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 10.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 10.00
IDA Commitment N/A
IBRD + IDA Commitment 10.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 31.70

Summary Status of World Bank Financing (US$ Millions) as of July 31, 2025

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No data available.
Financier Approval Date Closing Date Principal Disbursed Repayments Interest, Charges & Fees

Detailed Financial Activity as of July 31, 2025

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No data available.
Period Financier Transaction Type Amount (US$)
Oct 18, 1994 IBRD-38030 Loan Commitment 0.00
Oct 18, 1994 IBRD-3803S Loan Commitment 10,000,000.00

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 07-28-1999PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingModerately Satisfactory N/a
Risk To Development OutcomeNot RatedN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceUnsatisfactoryN/a
Implementing AgencySatisfactoryN/a
Icr QualityUnsatisfactoryN/a
M&e QualityNot RatedN/a

Results Framework

No data available.