Access WCS CR II
Sector: Water Supply and Storage • Location: Nigeria
Source: International Finance Corporation (IFC)
The project consists of a Working Capital Solutions (WCS) facility to Access Bank Plc (Access Bank or the Bank) of US$120.75 million comprising of: US$70.00 million from IFC own account (the A loan); andUS$50.75 million from private sector participants (B1 loan). The Project will support the Bank in providing working capital and trade finance facilities to enterprises in Nigeria, including Micro,
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The project consists of a Working Capital Solutions (WCS) facility to Access Bank Plc (Access Bank or the Bank) of US$120.75 million comprising of: US$70.00 million from IFC own account (the A loan); andUS$50.75 million from private sector participants (B1 loan). The Project will support the Bank in providing working capital and trade finance facilities to enterprises in Nigeria, including Micro, Small, and Medium Enterprises (MSMEs), of which up to 25% will be allocated to Women MSMEs (WMSMEs). The facility will have a maturity period of 12 months, renewable for an additional 12 months (maximum aggregate exposure of up to 24 months) and will complement the WCS facility of US$50 million to Access Bank processed under the FIG COVID-19 Emergency Response Working Capital Solutions Envelope (WCS Envelope) that was committed in June 2020, rolled over in June 2021 and matured in June 2022 (Project #44047). |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |