FRB SME Loan
Sector: Raw Materials • Location: South Africa
Source: International Finance Corporation (IFC)
The proposed investment consists of a senior unsecured loan of up to US$100 million to FirstRand Bank Limited (the Bank or FRB), an existing IFC client, under the MSME Finance Platform-SME Envelope for a maturity of up to 5 years. The Platform’s SME Envelope seeks to address financial inclusion gaps, with a focus on reaching priority small and medium-sized enterprise (SME) segments, including wo
Project Information FAQ
Project Information
Want to explore the full details? View the full report
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 investment consists of a senior unsecured loan of up to US$100 million to FirstRand Bank Limited (the Bank or FRB), an existing IFC client, under the MSME Finance Platform-SME Envelope for a maturity of up to 5 years. The Platform’s SME Envelope seeks to address financial inclusion gaps, with a focus on reaching priority small and medium-sized enterprise (SME) segments, including women entrepreneurs, businesses in agriculture (Agri-SMEs), and supporting SME climate financing by providing medium- and long-term loans to eligible financial service providers. FirstRand Bank (FRB or the Bank) is a key strategic partner to IFC in South Africa, and the proposed project meets the IFC SME eligibility criteria for the country. |
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 |