PROJECT

Projects

Summary of Investment Information

Project Number

45128

Company Name

HOME FINANCE COMPANY LIMITED

Date SPI Disclosed

Aug 23, 2023

Country

Fiji

Region

East Asia and the Pacific

Projected Board Date

Jul 5, 2023

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

May 3, 2026

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : Nov 11, 2004
Signed : Dec 18, 2020
Invested : Apr 30, 2026

Sector

Commercial Banking - Trade

Project Description

 International Finance Corporation (“IFC”) is considering establishing a trade finance guarantee facility for Home Finance Company Limited (“HFC” or the “Bank”) in the amount of US$5 million under IFC’s Global Trade Finance Program (“GTFP”) to support cross border trade financing for local exporters/importers (the “Project”). Through the Project, HFC Bank will be able to grow its trade finance operations and finance more importers and exporters, including micro, small and medium-sized enterprises (MSMEs), to expand trade, growth, and jobs in Fiji.                                          

 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation