Nedbank Tier II
Sector: Commercial • Location: South Africa
Source: International Finance Corporation (IFC)
_x000C_The project consists of a subordinated Tier II qualifying loan or instrument to Nedbank Limited (Nedbank or the Bank), one of the leading South African banking groups. The project aims to facilitate Nedbank''s longer-tenor lending programs for: - Black Economic Empowerment (BEE) financing that will result in significant ownership transfer to previously-disadvantaged individuals and communit
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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_The project consists of a subordinated Tier II qualifying loan or instrument to Nedbank Limited (Nedbank or the Bank), one of the leading South African banking groups. The project aims to facilitate Nedbank''s longer-tenor lending programs for: - Black Economic Empowerment (BEE) financing that will result in significant ownership transfer to previously-disadvantaged individuals and communities; - development and mortgage financing for the currently under-served affordable housing segment, and; - cross-border corporate lending across Africa, including capital intensive projects that support sustainable economic growth.The project is expected to be the basis for a longer-term partnership between IFC and Nedbank, an institution that has the capacity and motivation to help achieve important development impact in South Africa and across Africa. |
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 |
