PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

600099

Primary Business Area

Access To Finance

Disclosure Date

Jun 29, 2014

Country

Country Name Pending

Region

Africa

IFC Approval Date

Apr 21, 2014

Status

Completed

Estimated Total Budget

Pending
(Project budget includes all project-funded activities)

Last Updated Date

Sep 30, 2022

Project Description

IFC will support one of the largest bank in the MENA Region to strengthen its Very Small Enterprise (VSE) business allowing the bank to solidify its position as a market leader and expand its outreach to the largely underserved VSE segment in the country. IFC will advise the bank at the board and management levels to ensure that it meets international best practices in VSE business as the bank is preparing to grow its VSE portfolio. The partnership is also designed to allow the bank to expand lending to VSEs, thus helping enterprises to grow and create jobs.

Development Results

E&S Risks / Impacts and Mitigation