PROJECT

Projects

Summary of Investment Information

Project Number

49786

Company Name

Coris Bank International Tchad

Date SPI Disclosed

May 31, 2026

Country

Chad

Region

Africa

Projected Board Date

Jun 30, 2026

Environmental Category

FI-3 - No Impact

Status

Pending Signing

Last Updated Date

Jun 1, 2026

Department

Regional Industry - FIG Africa

Industry

Financial Markets

Previous Events

Approved : Nov 11, 2004

Sector

Commercial Banking - Trade

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 US$10 million. The purpose of the proposed IFC trade line is to reinforce Coris International Bank Tchad’s (the “Issuing Bank” or “CBI TD”) ability to support SMEs’ trade finance needs by reducing cash collateral requirements and broadening the network of correspondent banks, especially in a country where trade plays a key role in the economic. The GTFP limit will be booked under the African Trade and Supply Chain Finance Recovery Initiative (ATRI) umbrella, which is supported by the International Development Association Private Sector Window’s Blended Finance Facility (“IDA PSW-BFF”) (the project).                                                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation