DCM CBC DPR Green
Sector: Raw Materials • Location: Sri Lanka
Source: International Finance Corporation (IFC)
The project comprises of a senior senior loan of US$100 million secured by future foreign currency flows to Commercial Bank of Ceylon PLC (‘CBC’, the Bank), the largest private commercial bank in Sri Lanka and an existing IFC client. The funds will be utilized by the Bank to fund the growth in its green lending portfolio. The financing provided is a fit with the World Bank and IFC strategy of prom
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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 project comprises of a senior senior loan of US$100 million secured by future foreign currency flows to Commercial Bank of Ceylon PLC (‘CBC’, the Bank), the largest private commercial bank in Sri Lanka and an existing IFC client. The funds will be utilized by the Bank to fund the growth in its green lending portfolio. The financing provided is a fit with the World Bank and IFC strategy of promoting sustainable growth and sustainable energy usage in Sri Lanka.CBC was established in 1969 and is one of five systematically important banks in Sri Lanka. IFC first engaged with CBC in 2003 with an equity investment, followed by a trade line in 2008, risk share facility in 2009, senior loan back by a future foreign currency flows in 2012 and a sub debt in 2013. |
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 |
