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.
$310,292.00 (Project budget includes all project-funded activities)
Last Updated Date
Feb 21, 2023
Project Estimated Start Date
Feb 1, 2023
Project Estimated End Date
Jun 30, 2024
Project Description
The project will assist NSIA Banque Benin in improving its capacity to serve its SME clients, focusing on areas such as the bank's business model, sales and delivery channels, frontline capacity building and credit management and products.
Development Results
The objective of this project is to help NSIA Banque Benin strengthen its SME portfolio by strengthening its strategy, products, and credit capabilities. Increasing the Bank’s SME portfolio will drive economic growth in Benin.
Indicator
Cumulative
Number of new financial products launched
0
Number of recommended procedures/firm-level policies/practices/standards that were improved or eliminated
null
Number of new financial products designed
null
Number of participants in workshops, training events, seminars, conferences, etc.
null
Number of participants providing feedback on satisfaction
null
Number of participants reporting satisfied or very satisfied with workshops, trainings, seminars, conferences, etc.
null
Number of procedures/firm-level policies/practices/standards recommended for improvement or elimination
null
Number of reports (assessments, surveys, manuals, Phase I/strategic option reports, research, analytical, evaluations, etc.) completed
null
Number of workshops, training events, seminars, conferences, etc.
null
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
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 lifecycle 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 and will provide recommendations for appropriate mitigation measures whenever warranted.
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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