CIB Sub. Debt II
Sector: Residential • Location: Egypt, Arab Republic of
Source: International Finance Corporation (IFC)
The proposed project consists of a Basel II compliant Tier II (B2T2) subordinated loan of up to US$150 million to Commercial International Bank (CIB or the Bank), a long standing IFC client, the third largest bank in Egypt and the leading private sector bank by total assets (the Project). The proposed loan will help maintain the Bank’s sound capital position as it goes through major macroeconomi
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
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 consists of a Basel II compliant Tier II (B2T2) subordinated loan of up to US$150 million to Commercial International Bank (CIB or the Bank), a long standing IFC client, the third largest bank in Egypt and the leading private sector bank by total assets (the Project). The proposed loan will help maintain the Bank’s sound capital position as it goes through major macroeconomic adjustments and continues its expansion of its MSME portfolio, including WMSMEs. The loan will be coupled with a trade guarantee limit of up to US$50 million for supporting the Bank’s trade finance activities under IFC’s Global Trade Finance Program (GTFP). |
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 |