PROJECT

Projects

Summary of Investment Information

Project Number

43416

Company Name

BRIDGE BANK GROUP COTE D'IVOIRE

Date SPI Disclosed

Apr 7, 2021

Country

Cote D'Ivoire

Region

Africa

Projected Board Date

Mar 30, 2021

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

May 3, 2026

Department

Regional Industry - FIG ME & Africa

Industry

Financial Markets

Previous Events

Approved : Nov 11, 2004
Signed : Oct 23, 2019
Invested : Apr 30, 2026

Sector

Commercial Banking - Trade

Project Description

The proposed project is an uncommitted trade finance guarantee facility under IFC’s Global Trade Finance Program (“GTFP” or the “GTFP Facility”) of up to US$10 million. The purpose of the proposed IFC trade line is to support Bridge Bank Groupe Cote d`Ivoire’s (the “Bank” or “BBGCI”) trade program. GTFP`s investment in the form of a trade line will confirm banks partial or full guarantees [and other trade instruments] covering payment risk on banks in emerging markets in Cote d`Ivoire for their trade related transactions.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation