PROJECT

Projects

Summary of Investment Information

Project Number

39675

Company Name

RISK SHARING FACILITY CREDIT AGRICOLE CORPORATE AND INVESTMENT BANK

Date SPI Disclosed

Jan 24, 2018

Country

World Region

Region

Global

Projected Board Date

Mar 1, 2018

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Jul 3, 2021

Department

Banking and Capital Markets

Industry

Financial Markets

Previous Events

Approved : Mar 7, 2018
Signed : Mar 12, 2018

Sector

Commercial Banking - General

Project Description

  Crédit Agricole CIB, the Corporate & Investment Banking arm of Crédit Agricole S.A, (“CACIB”), offers its clients worldwide a broad range of products and services in capital markets, investment banking, and commercial banking. The bank has a comprehensive and growing business franchise in many emerging markets.

The proposed transaction is expected to have a tenor of up to 5 years and consists of up to US$85 million of un-funded IFC risk participation in an approximate US$2 billion global portfolio of predominantly emerging markets trade finance-related credit assets on CACIB’s balance sheet. This risk participation will support further growth in CACIB’s trade finance and social projects in emerging markets.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation