PROJECT

Projects

Summary of Investment Information

Project Number

37594

Company Name

ACLEDA BANK PLC.

Date SPI Disclosed

Nov 30, 2015

Country

Cambodia

Region

East Asia and the Pacific

Projected Board Date

Dec 30, 2015

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Sep 23, 2022

Department

Global Industry, Financial Markets

Industry

Financial Markets

Previous Events

Approved : Jan 20, 2016
Signed : Feb 16, 2016
Invested : Mar 2, 2016

Sector

Commercial Banking - General

Additional Project Attributes

Blended Finance

Project Description

The proposed investment to ACLEDA Bank Plc. (“ACLEDA” or the “Bank”) consists of an up to US$ 200 million senior loan, of which a US$ 100 million is allocated towards women-owned small and medium enterprise (“SME”) financing. The project will be supported by IFC’s Women Entrepreneurs Opportunity Facility (“WEOF”). The purpose of this investment is to support ACLEDA to grow its SME lending business and expand its outreach to women entrepreneurs, who play an important role within the economy and contribute towards job creation in Cambodia.

Associated Advisory Engagement

N/A

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation