PROJECT

Projects

Summary of Investment Information

Project Number

32400

Company Name

Company Name Pending

Date SPI Disclosed

Dec 20, 2013

Country

Country Name Pending

Region

Africa

Projected Board Date

Jan 23, 2014

Environmental Category

FI-1 - Significant

Status

Completed

Last Updated Date

Sep 30, 2022

Department

Department Name Pending

Industry

Financial Markets

Previous Events

Approved : Jan 23, 2014
Signed : Apr 9, 2014
Invested : Apr 11, 2014

Sector

Sector Name Pending

Project Description

Note on Disclosure: pursuant to paragraph 9 (d) of IFC’s Disclosure Policy, the disclosure of the Company Name (the “Bank”), Sponsor and location of IFC’s investment is being delayed because the Bank holding company is a listed entity and early disclosure of this transaction could influence market activity in its shares. In due course, a revised SII will be published containing all standard SII information. The project involves a structured Subordinated Loan to the Bank and intends to (i) strengthen the Bank’s capital structure in anticipation of increased capital needs; and (ii) support the Bank’s strategy of increasing its presence abroad.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation