PROJECT

Projects

Summary of Investment Information

Project Number

34386

Company Name

ACLEDA BANK PLC.

Date SPI Disclosed

Nov 18, 2013

Country

Cambodia

Region

East Asia and the Pacific

Projected Board Date

Dec 19, 2013

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Sep 23, 2022

Department

Global Industry, Financial Markets

Industry

Financial Markets

Previous Events

Approved : Dec 18, 2013
Signed : Dec 31, 2013
Invested : Apr 2, 2014

Sector

Commercial Banking - General

Project Description

The proposed investment consists of a US$ 50 million loan to ACLEDA Bank Plc. (“ACLEDA” or the “Bank”) with a 5-year maturity. The proposed loan will support the Bank’s lending to SME and microfinance borrowers.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation