PROJECT

Projects

Summary of Investment Information

Project Number

42836

Company Name

INTERNATIONAL DEVELOPMENT BANK

Date SPI Disclosed

Nov 21, 2022

Country

Iraq

Region

Middle East

Projected Board Date

Dec 22, 2022

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Apr 7, 2023

Department

Regional Industry FIG MCT

Industry

Financial Markets

Previous Events

Approved : Nov 11, 2004
Signed : May 7, 2019
Invested : Mar 29, 2024

Sector

Commercial Banking - Trade

Project Description

The proposed investment is with International Development Bank (“IDB” or the “Bank”), consisting of an up to US$10 million of uncommitted trade finance line with tenors up to 12 months under the Global Trade Finance Program (“GTFP”) (the “Project”).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation