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Kosovo Financial Sector Development

Abstract*

The proposed US$52 million operation is in response to a request from the Ministry of Finance for financing to strengthen its financial safety net and expand financial access to support economic opportunities. Kosovo faces challenges to build a stable, inclusive and modernized financial system that can leverage opportunities for growth across the country, minimize financing gaps to underserved firms and individuals and support Kosovo’s integration...

* 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

To enhance financial stability and inclusion in Kosovo through strengthening capacity of the deposit insurance fund, financing underserved firms, and catalyzing faster payments.

Key Details

Project Details

  • P507881

  • Active

  • Rekha Reddy , Alper Oguz

  • Republic of Kosovo

  • Kosovo

  • October 4, 2024

  • (as of board presentation)

    January 16, 2025

  • N/A

  • US$ 0.00 million

  • Kosovo Credit Guarantee Fund (KCGF),Deposit Insurance Fund of Kosovo-DIFK,Central Bank of Kosovo

  • Europe and Central Asia

  • 2025

  • US$ 52.00 million

  • N/A

  • N/A

  • June 30, 2030

  • Yes

  • BANK APPROVED

  • Notes

Finances

Financing Plan (US$ Millions)

No data available.
Financier Commitments
IDA Credit 37.00
IDA Shorter Maturity Loan (SML) 15.00

Total Project Financing (US$ Millions)

Product Line IBRD/IDA
IBRD Commitment N/A
IDA Commitment 52.00
IBRD + IDA Commitment 52.00
Lending Instrument
Grant Amount N/A
Total Project Cost** N/A

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

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No data available.
Period Financier Transaction Type Amount (US$)

Footnotes

Ratings

IMPLEMENTATION RATINGS

No data available.

COMPLETION RATINGS

No data available.

INDEPENDENT EVALUATION RATINGS

No data available.

Results Framework

No data available.