Cargills Agriculture and Commercial Bank
Sector: Raw Materials • Location: Sri Lanka
Source: International Finance Corporation (IFC)
The proposed project involves an equity investment of LKR 495Mn (approx. US$3.84Mn) to acquire up to 10% shares in a Greenfield Licensed Commercial Bank, Cargills Agriculture & Commercial Bank (‘CACB’ or ‘The Bank’) and a senior loan of up to US$7 Mn to support the Bank’s debt funding requirements. In September 2011, the Central Bank of Sri Lanka granted CACB provisional approval to set up operati
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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 project involves an equity investment of LKR 495Mn (approx. US$3.84Mn) to acquire up to 10% shares in a Greenfield Licensed Commercial Bank, Cargills Agriculture & Commercial Bank (‘CACB’ or ‘The Bank’) and a senior loan of up to US$7 Mn to support the Bank’s debt funding requirements. In September 2011, the Central Bank of Sri Lanka granted CACB provisional approval to set up operations subject to fulfillment of routine terms and conditions. |
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 |