RSF HSBC BD

completed

  The proposed transaction entails providing unfunded risk sharing facility (RSF) to HSBC Bangladesh (the ‘Bank’) on a portfolio basis. The underlying portfolio will comprise of asset totaling US$200 million equivalent, which IFC will risk share on a 50:50 basis (i.e. maximum IFC exposure not to exceed US$100 million equivalent). The RSF will support the Bank to extend additional finance to its existing clients in sectors which have significant impact on the growth of Bangladesh economy and are also of strategic importance and relevance to IFC, namely Agribusiness, Power, Climate/Clean energy, RMG  (Ready Made Garment ) and Pharmaceuticals.