Kazakhstan: Forte Bank: MSME Lending Capacity Building

Item Description:

Project Description: ForteBank (the “Client”) has requested the European Bank for Reconstruction and Development (the “EBRD” or the “Bank”) to provide technical assistance in MSME Lending Capacity Building (the “Project”).

ForteBank is the 8th largest bank in Kazakhstan with total assets of just over USD 3 billion and equity of USD 0.5 billion at end-1Q16. It offers a wide range of retail, corporate and SME products via its distribution network of 19 branches and 145 outlets in 39 cities and rural settlements of Kazakhstan.

The proposed Project aims to support ForteBank to improve the efficiency of its MSME lending operations. Results of an EBRD Due Diligence undertaken in June 2016, found weaknesses in the MSME Lending practices and transaction cycle of the Client. MSME credit risk management and underwriting techniques were areas noted that would need improvements and modernisation.

Assignment Description: The Client now intends to retain a consulting company (the “Consultant”) to assist in expanding its capacities in MSME lending effectively and efficiently provide MSME loans to enterprises across Kazakhstan on a sustainable basis (the “Assignment”).

http://www.ebrd.com/work-with-us/procurement/p-pn-67725.html

The financial proposal in English will be sent the Client’s contact person in a separate sealed envelope clearly marked with tenderer’s name and “Financial Proposal – ForteBank: MSME Lending Capacity Building – DO NOT OPEN UNTIL COMPLETION OF TECHNICAL EVALUATION”

Executing Agency: ForteBank
Name of contact: Dinara Raizhanova
Title: Head of FI
Tel: +7 (7172) 59 99 99
E-mail: draizhanova@fortebank.com; fi@fortebank.com

The EBRD’s Contact Person:
Name of contact: Larissa Gosling
Title: Selection Advisor
Technical Co-operation
European Bank for Reconstruction and Development
One Exchange Square
London EC2A 2JN
Tel: +44 207338 6338
Email: gosling@ebrd.com