PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

602144

Primary Business Area

Financial Institutions Group

Disclosure Date

Jul 25, 2017

Country

Egypt, Arab Republic of

Region

Africa

IFC Approval Date

May 2, 2017

Status

Active

Estimated Total Budget

$620,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Sep 30, 2022

Project Estimated Start Date

Jul 1, 2017

Project Estimated End Date

Jun 30, 2020

Project Description

IFC's advisory engagement with DBACD will consist of three main components (i) Risk Management, focused primarily in the areas of financial risk, credit scoring and internal audit; (ii) Product Development, which will focus on developing and strengthening the MFI's offering of loans greater than LE 10,000; and finally (iii) Institutional Capacity Building, which will include, Customer Relationship Management, IT, Training and Transformation.

Development Results

E&S Risks / Impacts and Mitigation