OFFICIAL       7O.2.5 3
DOCUMENTS
Amendment No. 1 to the Administration Agreement between the Government of the Swiss
Confederation, represented by the Swiss State Secretariat for Economic Affairs (SECO), and
the International Bank for Reconstruction and Development and the International
Development Association concerning the Single-Donor Albania FSA - SECO Trust Fund for
Strengthening Supervisory Capacities (No. TFO72353)
1.    Reference is made to the Administration Agreement between the Government of the
Swiss Confederation, represented by the Swiss State Secretariat for Economic Affairs (SECO)
(the "Donor") and the International Bank for Reconstruction and Development and the
International Development Association (collectively, the "Bank" and together with the Donor,
the "Parties" and each a "Party") regarding the for the Single-Donor Albania FSA - SECO Trust
Fund for Strengthening Supervisory Capacities, No. TF072353 (the "Trust Fund") effective
December 22, 2014 (the "Administration Agreement").
2.    Pursuant to recent discussion, the Parties have agreed to amend the Administration
Agreement extend the End Disbursement Date to read as follows:
"6.1     It is expected that the funds deposited in the Trust Fund will be fully
disbursed by the Bank by September 30, 2019 (the "End Disbursement Date"). The
Bank shall only disburse funds deposited in the Trust Fund for the purposes of this
Administration Agreement (other than returns to Donors) after such date to the extent
such date is changed in accordance with amendments made to the Administration
Agreements of all the Donors. Following the End Disbursement Date, the Bank shall
return any remaining balance of the Trust Fund to each Donor in the Holding
Currency in the manner specified in its respective Administration Agreement on a pro
rata basis with regard to the total funds deposited in the Trust Fund by such Donor
relative to the total funds deposited in the Trust Fund by all Donors, all calculated as
Holding Currency amounts."
3.    All other terms of the Administration Agreement will remain the same.
4.    The Bank will disclose this Amendment in accordance with the Bank's Policy on Access
to Information. By entering into this Amendment, the Donor consents to such disclosure.


-2-
5.     Each of the undersigned represents, by confirming its acceptance below, that it is
authorized to enter into this Amendment and act in accordance with its provisions. The Bank
and the Donor are each requested to sign and date this Amendment, and upon possession by the
Bank of this fully signed Amendment, this Amendment will become effective as of the date of
the last signature.
INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT
INTERNATIONAL EVELOPMENT ASSOCIATION
By:
Name:               7c     r-       C7?s
Title:                        b                         §   C  ,4
Date:                          If- '~
GOVERNMENT OF THE SWISS CONFEDERATION
Represented by the SWISS STATE SECRETARIAT FOR ECONOMIC AFFAIRS
(SECO)
By:
Name:       C~~uv
Title: oO 1404
Date:?2