Owned by 186 member countries and consistently rated AAA/Aaa. IFC aims to achieve our mission of promoting development by providing debt and equity to the private sector, through a range of benchmark and bespoke products.
$600,000.00 (Project budget includes all project-funded activities)
Last Updated Date
Nov 21, 2024
Project Estimated Start Date
Nov 1, 2017
Project Estimated End Date
Jun 30, 2020
Project Description
IFC is providing advisory support to Bank Alfalah for scaling up of its Supply Chain Finance Program. IFC will support Bank Alfalah in conducting market sizing to quantifying the SCF opportunity, develop a Go to Market approach and build bank staff capacity for implementation of Supply Chain Finance program.
Development Results
IFC is working with Bank Alfalah Ltd , 5th largest commercial bank in Pakistan, for capacity building of its Supply Chain Finance.
Supply Chain Finance provides a unique opportunity to SMEs in getting access to financing leveraging the Corporate Anchor financial strength. Banks have typically shied away from SMEs due to the perception of high risk associated with SME lending. Supply Chain Finance Program provides comfort to banks that choose to extend credit to SMEs since the financing is supported by underlying corporate supply chain.
Indicator
Calendar Year 2020 Results
Cumulative Results as of 2020
Number of new financial products designed
Not Available
2
Number of procedures/firm-level policies/practices/standards recommended for improvement or elimination
Not Available
56
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completed
1
27
Number of workshops, training events, seminars, conferences, etc.
11
63
Number of new financial products launched
1
2
Number of recommended procedures/firm-level policies/practices/standards that were improved or eliminated
Not Available
46
E&S Risks / Impacts and Mitigation
Performance Standard
Description & Potential Impact
Mitigation
PS 1. Assessment and Management of Environmental and Social Risks and Impacts
The principles of the relevant Performance Standards have been applied to the project design. Environmental and social risks will continue to be reviewed throughout the life-cycle of the project.
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.
Press-Release
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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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