PROJECT

Projects

Summary of Investment Information

Project Number

33410

Company Name

FULLERTON CREDIT (CHONGQING) LTD.

Date SPI Disclosed

May 7, 2013

Country

China

Region

East Asia and the Pacific

Projected Board Date

Jun 7, 2013

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : Aug 19, 2013
Signed : Sep 6, 2013
Invested : May 23, 2014

Sector

Microfinance and Small Business - Non Commercial Banking

Project Description

The proposed investment consists of IFC senior loans of up to US$30 million equivalent denominated in RMB to two existing clients - Fullerton Credit Services Chongqing (FCS CQ) and Fullerton Credit Services Hubei (FCS HB, together with FCS CQ, the “ Companies”), to support their business growth in frontier regions in China.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation