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$650,000.00 (Project budget includes all project-funded activities)
Last Updated Date
Oct 2, 2025
Project Estimated Start Date
Feb 16, 2024
Project Estimated End Date
Aug 31, 2026
Client Legal Name
COMMERCIAL BANK OF CEYLON PLC
Project Description
The program will support CBC in developing an SCF strategy through recommendations and implementation assistance in the following areas: (i) operating model and business plan, (ii) product solutions and guidelines, (iii) SCF credit and risk management, (iv) sales and client onboarding guidelines, (v) proposed technology adoption, and (vi) organizational structure guideline
Development Results
The advisory project aims to support Commercial Bank of Ceylon PLC (CBC) in developing a supply chain finance (SCF) strategy, enabling CBC to make a significant impact on the growth of a robust SCF market in the country.
Indicator
Cumulative
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
IFC advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client in gaining a good understanding of IFCs Performance Standards and provide recommendations for appropriate mitigation measures whenever warranted.
IFC advice will be provided in a manner consistent with the principles of the relevant Performance Standards. The IFC team will assist the client in gaining a good understanding of IFCs Performance Standards and provide recommendations for appropriate mitigation measures whenever warranted.
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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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