Zambia National Commercial Bank Plc
Sector: Raw Materials • Location: Zambia
Source: International Finance Corporation (IFC)
The proposed project consists of a senior loan of up to $25 million to Zambia National Commercial Bank Plc (“Zanaco” or the “Bank”) one of the largest banks in Zambia. The project’s main objective is to address the scarcity of term finance in Zambia, which has resulted in Zambian commercial banks relying on their capital, or taking maturity risk in order to finance longer term projects. The propo
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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 | The proposed project consists of a senior loan of up to $25 million to Zambia National Commercial Bank Plc (“Zanaco” or the “Bank”) one of the largest banks in Zambia. The project’s main objective is to address the scarcity of term finance in Zambia, which has resulted in Zambian commercial banks relying on their capital, or taking maturity risk in order to finance longer term projects. The proposed investment allows IFC to address part of these constraints by making available long term foreign exchange resources through an efficient financial institution. |
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
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Article Published Date | Obfuscated Data |