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SIB RSF

Sector: Raw Materials • Location: Cote D'Ivoire

Source: International Finance Corporation (IFC)

Project
Completed

The proposed project is a Risk Sharing Facility of up to XOF 20 billion to support SME lending in Côte d’Ivoire for Société Ivoirienne de Banque (“SIB” or the “Bank”), a subsidiary of the Attijariwafa Bank Group (“AWB” or the “Group”). The risk sharing facility investment is combined with proposed advisory services to the Bank to help SIB strengthen its SME banking activities and to the SMEs the

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The project “SIB RSF” is an infrastructure initiative in the Raw Materials sector, located in Cote D'Ivoire. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

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completed

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Description

Description

The proposed project is a Risk Sharing Facility of up to XOF 20 billion to support SME lending in Côte d’Ivoire for Société Ivoirienne de Banque (“SIB” or the “Bank”), a subsidiary of the Attijariwafa Bank Group (“AWB” or the “Group”). The risk sharing facility investment is combined with proposed advisory services to the Bank to help SIB strengthen its SME banking activities and to the SMEs themselves to improve their capacity and business skills.SIB is the fifth largest bank in the country in terms of loans (8.9%) and seventh largest bank in terms of deposits (7.8%), with a network of 43 branches. The Bank has a universal bank business model servicing the retail, SME and corporate business segments.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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