PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

599985

Primary Business Area

Access To Finance

Disclosure Date

Oct 31, 2013

Country

West Bank and Gaza

Region

Middle East

IFC Approval Date

Sep 11, 2013

Status

Completed

Estimated Total Budget

$650,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Dec 28, 2017

Project Estimated End Date

Feb 29, 2016

Project Description

Given the current economic situation in the region with high unemployment rates, IFC aims to facilitate private sector development through building an efficient financial sector that is more responsive to the private sector needs. Through this project, IFC aims to provide Advisory Services to Bank of Palestine, to further enhance and improve the sustainability and profitability of its Small and Medium Enterprises (SMEs) Banking operations, this will contribute to job creation in the country while improving the efficiency and performance of the bank.

Development Results