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$80,000.00 (Project budget includes all project-funded activities)
Last Updated Date
Jun 15, 2025
Project Estimated Start Date
Jun 1, 2024
Project Estimated End Date
Nov 30, 2024
Project Description
The project will assist Banque Internationale pour le Commerce et l'Industrie de Cote d’Ivoire in improving its capacity to serve its SME clients, focusing on optimizing the utilization of the RSF.
Development Results
The objective of this project is to help Banque Internationale pour le Commerce et l'Industrie de Cote d’Ivoire strengthen its SME portfolio by strengthening its strategy, products, and credit capabilities. Increasing the Bank’s SME portfolio will drive economic growth in Cote d'Ivoire.
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 of the advisory activities with IFC's Performance Standards.
IFC's advisory services will be provided in a manner consistent with the principles of the relevant Performance Standards. Banque internationale pour le commerce et l'industrie de la Cote d'Ivoire will have to apply eligibility criteria for screening their portfolio against the IFC exclusion list and undertake a due diligence of activities for scaling its SME lending. Where relevant, the IFC team will assist the clients in gaining a good understanding of IFC's Performance Standards. The Client has accepted a proposal to support them with the development of an ESMS however, an agreement has not yet been signed.
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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