Overview

China Everbright Bank donates EUR 1 million to the Government of Albania for earthquake relief

Commitments (Constant USD, 2023)$1,162,514

Commitment Year•2019Country of Activity•AlbaniaDirect Recipient Country of Incorporation•AlbaniaSector•Emergency ResponseFlow Type•Grant

Status

Project lifecycle

Completion

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Nov 29, 2019

Start (actual): Nov 29, 2019

End (actual): Nov 29, 2019

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Funding agencies

State-owned Commercial Banks

China Everbright Bank

Receiving agencies

Government Agencies

Government of Albania

Implementing agencies

Miscellaneous Agency Types

Tirana International Airport

Loan description

China Everbright Bank donates EUR 1 million to the Government of Albania for earthquake relief

Narrative

Full Description

Project narrative

On November 29, 2019, China Everbright Bank donated EUR 1 million to the Government of Albania to bolster relief and assistance for people affected by the 6.4 magnitude earthquake that struck near Durres and Tirana on November 26. The donation was made in the name of Tirana International Airport (TIA), an airport purchased by the company in 2016. In addition, TIA organized a team of volunteers to assist people sheltered in provisional camps, and admitted military flights that carried humanitarian aid.