In order to measure the various goals we have defined, a Results Framework was established in 2011. The Results Framework includes specific indicators including targets and thus provides a framework for us to gauge progress toward the achievement of results and to adjust relevant activities accordingly.

The various indicators of the Results Framework are analysed on an annual basis and presented in a short report.

On project level

In order to assess the developmental effects of OeEB's portfolio, all projects are evaluated with an adapted version of the Corporate Policy Project Rating Tool (GPR), originally developed by the German development finance institution (DEG).

The Rating Tool adapted by OeEB enables ex-ante evaluations based on planned figures at the time a project is approved as well as ex-post evaluations based on actual figures during project implementation and after completion. It scores projects based on the following four criteria:

  • Benchmark 1: the project's long-term profitability
  • Benchmark 2: developmental impact
  • Benchmark 3: the particular strategic role of OeEB
  • Benchmark 4: the project's contribution to OeEB's expected return on equity

These four benchmarks are combined in a total index which enables an overall assessment of the project (benchmarks one and two; 60% of score) as well as of the question whether OeEB should finance the project (benchmarks three and four; 40% of score).

The result of the project's evaluation is represented by a scale ranging from 1 'very good' to 6 'insufficient'. In addition, the result of the evaluation of the project's developmental impact (benchmark 2) is also reported separately as a grade based on the same scale.

Ex-post evaluations

On specific occasions, we commission an external expert to conduct an ex post evaluations of a project. An evaluation refers to a systematic and objective assessment of an on-going or completed project in which all phases of the project (its design, implementation and results) are included.

The aim of an evaluation is to determine the relevance, efficiency, effectiveness, development impact and sustainability of the respective project. In doing so, the evaluation should enable the incorporation of lessons learned into the decision-making process of future projects.

The main purposes of evaluation thus are

  • to provide an overall assessment of the project
  • to improve future projects through feedback of lessons learned
  • to provide a basis for accountability, including the provision of information to the public.

Evaluation Reports

Evaluation Report ProCredit Bank Georgia

Evaluation Report ŞekerbankTurkey 

Evaluation Report Latin American Agribusiness Development Corporation (LAAD)

Contact us

Oesterreichische Entwicklungsbank AG - OeEB
T +43 1 5331200-0
F +43 1 5331200-5252