Forus Bank
Sector: Commercial • Location: Russian Federation
Source: International Finance Corporation (IFC)
_x000C_IFC proposes to provide a loan facility for IFC’s own account of up to €5.0 million to FORUS Bank (the bank), of which €3.0 million would be the ‘A’ Tranche amd €2.0 million will be in the form of a stand-by tranche that would become available after the bank is fully capitalized. The loan will be used to support the bank’s microfinance lending operations during its formative years of opera
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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 | _x000C_IFC proposes to provide a loan facility for IFC’s own account of up to €5.0 million to FORUS Bank (the bank), of which €3.0 million would be the ‘A’ Tranche amd €2.0 million will be in the form of a stand-by tranche that would become available after the bank is fully capitalized. The loan will be used to support the bank’s microfinance lending operations during its formative years of operations. The loan is expected to be Ruble-linked, to avoid any currency mismatch on the bank’s balance sheet. |
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 |