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BFL RSF

Sector: Automotive • Location: Lao People's Democratic Republic

Source: International Finance Corporation (IFC)

Project
Pending

The proposed investment is for an unfunded Risk Share Facility (“RSF”) of up to USD10 million with IFC and Banque Franco-Lao (“BFL” or the “Bank”) sharing the potential risks arising from BFL’s portfolio of Lao SME credits (the “Project”).The project is expected to receive the first loss coverage from the government of Lao People''s Democratic Republic utilizing funding from the International Deve

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The project “BFL RSF” is an infrastructure initiative in the Automotive sector, located in Lao People's Democratic Republic. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

pending

Taiyo status

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Email

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Description

Description

The proposed investment is for an unfunded Risk Share Facility (“RSF”) of up to USD10 million with IFC and Banque Franco-Lao (“BFL” or the “Bank”) sharing the potential risks arising from BFL’s portfolio of Lao SME credits (the “Project”).The project is expected to receive the first loss coverage from the government of Lao People''s Democratic Republic utilizing funding from the International Development Association.With IFC sharing in the risk of credit loss in the SME portfolio, the Project is expected to provide a risk reduction benefit to BFL and encourage BFL to increase its exposure limit to SMEs sector in Lao PDR. This will result in increasing access to finance to abroad range of SMEs in Lao PDR.

Original sub-sector

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Original Currency

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Original budget

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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