CAL Bank II
Sector: Commercial • Location: Ghana
Source: International Finance Corporation (IFC)
The proposed investment consists of a US$50 million senior loan for CAL Bank Ghana Limited (“CAL Bank” or the “Bank”), an indigenous bank established in 1990 and listed on the Ghana Stock Exchange. The Bank’s co-founders include the Commonwealth Development Corporation (CDC), African Growth Fund, Vanguard Assurance Company Limited and IFC, who hel
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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 proposed investment consists of a US$50 million senior loan for CAL Bank Ghana Limited (“CAL Bank” or the “Bank”), an indigenous bank established in 1990 and listed on the Ghana Stock Exchange. The Bank’s co-founders include the Commonwealth Development Corporation (CDC), African Growth Fund, Vanguard Assurance Company Limited and IFC, who held a 25% ownership stake in the Bank until it divested in 2007. The project will support CAL Bank’s lending to Small and Medium Enterprises (SMEs). Portions of the senior loan will be targeted at growing CAL Bank’s climate finance as well as its women in banking business. |
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 |
