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Pending (Project budget includes all project-funded activities)
Last Updated Date
Jul 2, 2017
Project Description
The project aims to strengthen the client's capacity to serve the SME and Agrifinance segments. The advisory service project will be implemented and will include capacity building to bank customers through IFC's non financial services.
Development Results
The project has high potential development impact given that CRDB bank is a systemic bank with a strong franchise in both Agribusiness and SMEs. It has 25% market share in SME-lending and almost 50% of the country's agri-lending. The bank has the second largest network in the country and is considered a market leader in both sectors This proposed advisory is designed to strengthen CRDB's capacity in these key areas; SME Banking which includes capacity building for SME customers, Agri-finance and Trade finance
Indicator
Calendar Year 2020 Results
Cumulative Results as of 2020
Number of procedures/firm-level policies/practices/standards recommended for improvement or elimination
Not Available
9
Number of entities receiving advisory services
Not Available
1
Number of participants in workshops, training events, seminars, conferences, etc.
Not Available
51
Number of participants providing feedback on satisfaction
Not Available
47
Number of participants reporting satisfied or very satisfied with workshops, trainings, seminars, conferences, etc.
Not Available
47
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completed
Not Available
13
Number of women participants in workshops, training events, seminars, conferences, etc.
Not Available
12
KM project: Number of follow-on IFC projects that benefited from the KM project
Not Available
3
E&S Risks / Impacts and Mitigation
Performance Standard
Description and Potential Impact
Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
As part of its Due Diligence, and as mandated by IFC's Sustainability Policy, IFC team has screened this project to assess consistency with IFC's Performance Standards.
Initial Disclosure: IFC's advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client, as the final decision maker, in gaining a good understanding of IFC's Performance Standards
and will provide recommendations for appropriate mitigation measures whenever warranted.
Press-Release
Additional Documents
Similar Projects
This Summary of Advisory Services Project Information (ASPI) is prepared by IFC to disclose a factual summary of the main elements of this advisory services project. It may also include findings and recommendations related to environmental and social considerations regarding this project. The purpose of the ASPI is to enhance the transparency of IFC's activities. For any project documentation or data included or attached herein, whether prepared by the project sponsor or otherwise, authorization has been given for public release by the client. IFC considers that this ASPI is of adequate quality for release to the public, but has not necessarily independently verified all of the project information therein. It is distributed within sixty days of project's approval and may be updated periodically afterwards. Total budget and start dates are estimates only. The following ASPI is disclosed in accordance with IFC's Access to Information Policy (AIP) that went into effect on January 1, 2012.
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