PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

603636

Primary Business Area

Financial Institutions Group

Disclosure Date

Jan 22, 2020

Country

Cameroon

Region

Africa

IFC Approval Date

Nov 20, 2018

Status

Completed

Estimated Total Budget

$1,600,000.00
(Project budget includes all project-funded activities)

Last Updated Date

May 4, 2024

Project Estimated Start Date

Oct 14, 2018

Project Estimated End Date

Oct 14, 2020

Project Description

IFC will support AFG to set up an agent banking network for Banque Atlantique. The goal of this project is to build the bank's capacity and leverage strategic partnerships to increase outreach to previously ignored segments such as rural areas and financial excluded individuals. AFG and IFC will work together on the following components: Review/update of the DFS strategy, business case development, agent network strategy, market research, customer acquisition, product development, risk management, and a technology diagnostic.

Development Results

E&S Risks / Impacts and Mitigation