Application review

The Bank's procedure for reviewing project finance applications is as follows:

1. Preliminary project consideration

  • Signing a confidentiality agreement
  • Obtaining necessary project information
  • Agreeing on key finance terms and conditions

2. Project approval by the Bank's bodies

  • Obtaining additional project information
  • Arranging necessary project examinations
  • Agreeing on the final finance structure and conditions
  • Obtaining resolution from the Bank's bodies

3. Finance extension

  • Signing binding loan documents
  • Having conditions precedent complied with
  • Extending funds and launching project finance

4. Monitoring

  • Submitting periodic reports and assessments as required
  • Loan repayment