The loan will be extended in two equal tranches under the Western Balkans Green Economy Financing Facility (GEFF) II, the EBRD said in a project summary description on Monday.
The second tranche would be uncommitted and its commitment would be in the EBRD's sole discretion. PMF is the third-largest non-deposit microfinance institution in Bosnia. GEFF is a EUR 135 million program co-financed by the European Union, the Austrian Federal Ministry of Finance, and bilateral donors to the Western Balkans Investment Framework (WBIF).
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