PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

596627

Primary Business Area

Access To Finance

Disclosure Date

Dec 20, 2012

Country

Tunisia

Region

Africa

IFC Approval Date

Jun 1, 2012

Status

Completed

Estimated Total Budget

$440,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Sep 30, 2022

Project Estimated End Date

Dec 31, 2013

Project Description

IFC is helping Amen Bank to strengthen its corporate governance and risk management practices, allowing the bank to solidify its position as a market leader and expand its lending to smaller businesses. IFC will advise the bank at the board and management levels to ensure that it meets international best practices in corporate governance and risk management. This comes at a time when Tunisian banks are implementing new regulations on corporate governance. The partnership is also designed to allow the bank to expand lending to retail customers along with small and medium enterprises, thus helping Tunisian enterprises to grow and create jobs.

Development Results