PROJECT

Projects

Summary of Advisory Services Project Information

Project Number

607473

Primary Business Area

Financial Institutions Group

Disclosure Date

Feb 8, 2024

Country

Ethiopia

Region

Africa

IFC Approval Date

Oct 18, 2023

Status

Active

Estimated Total Budget

$850,000.00
(Project budget includes all project-funded activities)

Last Updated Date

Feb 12, 2024

Project Estimated Start Date

Jul 15, 2023

Project Estimated End Date

Jun 30, 2026

Project Description

The project will support the National Bank of Ethiopia in the development of movable asset-based lending market development in Ethiopia through supporting the framework for professional asset valuation mechanism; support a roadmap to strengthen online market for disposition of assets; introducing/piloting of MABL products and building the capacity of financial institutions, regulators, judiciary and other relevant stakeholders in MABL.

Development Results

E&S Risks / Impacts and Mitigation