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AL Financial Sector DPL

Abstract*

The development objective of the Financial Sector Modernization Development Policy Loan Project for Albania is to strengthen the financial sector regulatory and supervisory regime and mitigate key vulnerabilities of the bank and non-bank financial sectors. This development policy loan (DPL) aims to strengthen the financial sector regulatory and supervisory regime and mitigate key vulnerabilities of the bank and non-bank sectors. The present operation...

* 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

The PDO is to strengthen the financial sector regulatory and supervisory regime and mitigate key vulnerabilities of the bank and non-bank financial sectors.

Key Details

Project Details

  • P146280

  • Closed

  • Michael Edwards

  • N/A

  • Albania

  • May 15, 2014

  • (as of board presentation)

    May 15, 2014

  • August 12, 2014

  • US$ 100.00 million

  • Ministry of Finance

  • Europe and Central Asia

  • 2014

  • US$ 100.00 million

  • N/A

  • Not Applicable

  • June 30, 2015

  • BANK APPROVED

  • June 17, 2020

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
International Bank for Reconstruction and Development 100.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment 100.00
IDA Commitment N/A
IBRD + IDA Commitment 100.00
Lending Instrument
Grant Amount N/A
Total Project Cost** 100.00

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$)
May 15, 2014 IBRD-83730 Loan Commitment 100,000,000.00
Sep 1, 2016 IBRD-83730 Int Charges 277,242.66
Mar 1, 2024 IBRD-83730 Int Charges 1,584,902.90
Mar 1, 2023 IBRD-83730 Loan Repay 2,502,093.80
Mar 1, 2023 IBRD-83730 Int Charges 699,948.44
Sep 1, 2023 IBRD-83730 Int Charges 1,415,863.20
Sep 1, 2023 IBRD-83730 Loan Repay 2,543,365.20
Sep 1, 2022 IBRD-83730 Int Charges 107,804.14
Sep 1, 2022 IBRD-83730 Loan Repay 2,349,435.50
Mar 1, 2022 IBRD-83730 Int Charges 106,586.83
Mar 1, 2022 IBRD-83730 Loan Repay 2,620,749.80
Sep 1, 2021 IBRD-83730 Int Charges 122,813.43
Sep 1, 2021 IBRD-83730 Loan Repay 2,771,883.50
Mar 1, 2020 IBRD-83730 Int Charges 153,343.22
Sep 1, 2020 IBRD-83730 Int Charges 186,822.80
Mar 1, 2021 IBRD-83730 Int Charges 158,265.39
Sep 1, 2018 IBRD-83730 Int Charges 229,429.77
Mar 1, 2019 IBRD-83730 Int Charges 220,233.52
Sep 1, 2019 IBRD-83730 Int Charges 233,525.98
Mar 1, 2017 IBRD-83730 Int Charges 234,583.62
Sep 1, 2017 IBRD-83730 Int Charges 247,580.12
Mar 1, 2018 IBRD-83730 Int Charges 235,719.90
Aug 21, 2014 IBRD-83730 Loan Disb 96,037,792.00
Aug 12, 2014 IBRD-83730 Loan Disb 242,121.00
Aug 12, 2014 IBRD-83730 Fee Charges 242,121.00
Mar 1, 2015 IBRD-83730 Int Charges 30,686.52
Mar 1, 2015 IBRD-83730 Int Charges 438,353.78
Sep 1, 2015 IBRD-83730 Int Charges 380,605.50
Mar 1, 2016 IBRD-83730 Int Charges 335,284.94
Mar 1, 2024 IBRD-83730 Loan Repay 2,537,033.80

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

INDICATORIMPLEMENTATION COMPLETION & RESULTS REPORT: 12-25-2015
OutcomesSubstantial
Risk to Development OutcomeSubstantial
Bank PerformanceSubstantial
Borrower PerformanceSubstantial
Government PerformanceSubstantial
Implementing AgencySubstantial

INDEPENDENT EVALUATION RATINGS

INDICATORICR REVIEW: 06-10-2016PROJECT PERFORMANCE ASSESSMENT REPORT:
Outcome RatingSatisfactory N/a
Risk To Development OutcomeSubstantialN/a
Bank PerformanceSatisfactoryN/a
Borrower PerformanceSatisfactoryN/a
Government PerformanceSatisfactoryN/a
Implementing AgencySatisfactoryN/a
Icr QualitySubstantialN/a
M&e QualitySubstantialN/a

Results Framework

No data available.