PROJECT

Projects

Summary of Investment Information

Project Number

46341

Company Name

ACCESS BANK GHANA RSF

Date SPI Disclosed

May 9, 2024

Country

Ghana

Region

Africa

Projected Board Date

Jun 10, 2024

Environmental Category

FI-2 - Limited

Status

Pending Disbursement

Last Updated Date

Nov 19, 2025

Department

Regional Industry - FIG Africa

Industry

Financial Markets

Previous Events

Approved : Jun 27, 2024
Signed : Jun 29, 2024

Sector

Commercial Banking - General

Additional Project Attributes

Blended Finance

Project Description

   The projects entails an unfunded Risk Sharing Facility (“RSF) of up to US$ 10 million equivalent in LCY, guaranteeing 50% of an up to US$20 million small and medium enterprises (“SME”) loan portfolio to be originated by Access Bank Ghana Limited (“Access GH” or the “Bank”). The Project will support the Bank to enhance its lending to SMEs. The Project will be processed under IFC’s Small Loans Guarantee Program (SLGP EC/PSW, or the Program), a programmatic approach to de-risk and scale up financing for SMEs in eligible countries.                                                 

Associated Advisory Engagement

IFC will provide complimentary advisory support embedded in the RSF aimed at helping the Bank effectively deploy the RSF through training and to build capacity of their SMEs.                                               

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation