PROJECT

Projects

Summary of Investment Information

Project Number

49252

Company Name

NSIA BANQUE COTE D'IVOIRE, S.A.

Date SPI Disclosed

Feb 13, 2024

Country

Cote D'Ivoire

Region

Africa

Projected Board Date

Mar 15, 2024

Environmental Category

FI-3 - No Impact

Status

Pending Disbursement

Last Updated Date

Nov 19, 2025

Department

Regional Industry - FIG Africa

Industry

Financial Markets

Previous Events

Approved : Nov 11, 2004
Signed : Nov 10, 2023

Sector

Commercial Banking - Risk Mgmt Facility

Project Description

The proposed project is an unfunded trade finance facility under IFC’s Global Trade Finance Program (“GTFP” or the “GTFP Facility”) of up to EUR20 million, booked under the Africa Trade and Supply Chain Recovery Initiative (“ATRI”). The purpose of the proposed IFC trade line is to support the strategic plan of the Bank’s management to grow its international trade business, knowing the business sector is mostly cash-driven and suffers from the de-risking of Correspondent or Confirming Banks.                                                  

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation