PROJECT

Projects

Summary of Investment Information

Project Number

41294

Company Name

AMRET PLC

Date SPI Disclosed

Apr 27, 2018

Country

Cambodia

Region

East Asia and the Pacific

Projected Board Date

May 31, 2018

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Dec 1, 2022

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : Jun 4, 2018
Signed : Jul 5, 2018
Invested : Jul 19, 2018

Sector

Microfinance and Small Business - Non Commercial Banking

Project Description

The investment is in the form of a senior loan of up to US$40 million, consisting of an up to US$10 million IFC A Loan and an up to US$30 million B Loan, with a greenshoe option of up to US$40 million, to Amret Company Limited (Amret or the Company). The investment aims to support the Company's sustainable growth of its micro, small and medium loan portfolio.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation