PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

605689

Primary Business Area

Financial Institutions Group

Disclosure Date

Jun 20, 2023

Country

Bangladesh

Region

South Asia

IFC Approval Date

Jun 29, 2021

Status

Completed

Estimated Total Budget

$997,802.00
(Project budget includes all project-funded activities)

Last Updated Date

May 22, 2026

Project Estimated Start Date

Jul 1, 2021

Project Estimated End Date

Jun 30, 2025

Project Description

The broad objective of the project is to contribute to IFC’s country strategy by increasing access to finance for CMSMEs in Bangladesh by supporting the implementation of a Credit Guarantee Scheme (CGS) facility in Bangladesh Bank (BB). The project will essentially help Bangladeshi FIs to increase their exposure to the CMSME sector with provision of risk sharing. The project is focused to operationalize and institutionalize the CGS facilities by providing technical support for developing comprehensive CGS guidelines, monitoring and supervision framework, loan guarantee approval framework, claim management process alongwith institutional capacity building activities for financial sector of Bangladesh.

Development Results

E&S Risks / Impacts and Mitigation