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SLGP RSF SIB III

Sector: Water Supply and Storage • Location: Cote D'Ivoire

Source: International Finance Corporation (IFC)

Project
Pending

The proposed investment consists of an unfunded risk sharing facility (RSF) to be provided to Société Ivoirienne de Banque (SIB or the Bank), the 3rd largest bank in terms of loans in Côte d’Ivoire, as of June 2024, and an existing IFC client, for a maximum IFC exposure of up to XOF6 billion (or US$10 million equivalent) to cover 50 percent of the principal losses on an up to XOF12 billion (or US$

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

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Participants

Sponsoring Agency

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Status

Original status

pending

Taiyo status

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Contact

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Email

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Description

Description

The proposed investment consists of an unfunded risk sharing facility (RSF) to be provided to Société Ivoirienne de Banque (SIB or the Bank), the 3rd largest bank in terms of loans in Côte d’Ivoire, as of June 2024, and an existing IFC client, for a maximum IFC exposure of up to XOF6 billion (or US$10 million equivalent) to cover 50 percent of the principal losses on an up to XOF12 billion (or US$20 million equivalent) portfolio of loans to small and medium enterprises (SMEs), including women-owned/led SMEs (WSMEs), to be originated by the Bank. A gender carve-out of 25% is expected. (the Project).                                                    

Original sub-sector

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Original Currency

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Original budget

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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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Article Published Date

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