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RSF BISTP

Sector: Waste Processing and Treatment • Location: Sao Tome and Principe

Source: International Finance Corporation (IFC)

Project
Pending

The proposed project is an unfunded Risk Sharing Facility (“RSF”) with Banco Internacional de São Tomé e Príncipe (“BISTP” or the “Bank”) on a portfolio of up to STD 55.03 billion (approximately US$3 million equivalent) of short and medium term loans to qualifying local Small and Medium Enterprises (“SMEs”) in São Tomé e Príncipe (“STP”). Under the RSF, IFC will share with BISTP, up to 50% of th

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The project “RSF BISTP” is an infrastructure initiative in the Waste Processing and Treatment sector, located in Sao Tome and Principe. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

pending

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Description

Description

The proposed project is an unfunded Risk Sharing Facility (“RSF”) with Banco Internacional de São Tomé e Príncipe (“BISTP” or the “Bank”) on a portfolio of up to STD 55.03 billion (approximately US$3 million equivalent) of short and medium term loans to qualifying local Small and Medium Enterprises (“SMEs”) in São Tomé e Príncipe (“STP”). Under the RSF, IFC will share with BISTP, up to 50% of the facility’s principal portfolio losses up to STD27.51 billion, (approximately US$1.5 million equivalent).The proposed investment is expected to strengthen BISTP’s SME banking activities and contribute to further financial sector development in STP. The investment will also serve as a demonstration effect for other banks to on-lend to SMEs, thus increasing access to finance for this market segment.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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