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BOA RSF

Sector: Commercial • Location: Africa Region

Source: International Finance Corporation (IFC)

Project
Pending
    The proposed project entails the provision of a 5-year Risk Sharing Facility (“RSF” or the “Facility”) in the amount of US$60 million to cover ten Bank of Africa (“BOA”) subsidiaries in IDA and FCS countries – namely Bank of Africa Burkina Faso, Bank of Africa Cote d’Ivoire, Bank of Africa RDC, Bank of Africa Ghana, Bank of Africa Madagascar, Bank 

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The project “BOA RSF” is an infrastructure initiative in the Commercial sector, located in Africa Region. 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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Description

Description

The proposed project entails the provision of a 5-year Risk Sharing Facility (“RSF” or the “Facility”) in the amount of US$60 million to cover ten Bank of Africa (“BOA”) subsidiaries in IDA and FCS countries – namely Bank of Africa Burkina Faso, Bank of Africa Cote d’Ivoire, Bank of Africa RDC, Bank of Africa Ghana, Bank of Africa Madagascar, Bank of Africa Mali, Bank of Africa Niger, Bank of Africa Senegal, Bank of Africa Tanzania, and Bank of Africa Togo, together the Participating Affiliates (“PAs”) for a target portfolio of SME loans in the amount of up to US$120 million equivalent.  Under this project, IFC will be supporting the expansion of this regional banking group’s SME lending across sub-Saharan Africa.

Original sub-sector

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Original Currency

USD

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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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