PROJECT

Projects

Summary of Investment Information

Project Number

45535

Company Name

HATTHA BANK PLC.

Date SPI Disclosed

May 12, 2021

Country

Cambodia

Region

East Asia and the Pacific

Projected Board Date

Jun 14, 2021

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Aug 29, 2024

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : May 26, 2021
Signed : Jun 30, 2021
Invested : Aug 31, 2021

Sector

Microfinance and Small Business - Non Commercial Banking

Additional Project Attributes

Blended Finance

Project Description

The proposed investment is a 3-year senior loan of up to US$50 million to Hattha Bank Plc. (HTB or the Bank), formerly Hattha Kaksekar Limited, consisting of IFC’s own account investment of up to US$10 million and mobilization of up to US$40 million. The loan proceeds will support the Bank’s MSME portfolio and improve access to finance for MSMEs during the COVID-19 pandemic. This loan will be supported by the IDA Private Sector Window (PSW) Blended Finance Facility.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation