PROJECT

Projects

Summary of Investment Information

Project Number

50640

Company Name

BVL SLGP

Date SPI Disclosed

May 29, 2025

Country

Vanuatu

Region

East Asia and the Pacific

Projected Board Date

Jul 4, 2025

Environmental Category

FI-2 - Limited

Status

Pending Disbursement

Last Updated Date

Nov 19, 2025

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : Jul 7, 2025
Signed : Oct 16, 2025

Sector

Commercial Banking - General

Additional Project Attributes

Blended Finance

Project Description

The proposed investment is an unfunded risk sharing facility (RSF) for a portfolio of receivables to small and medium enterprises (SMEs), to be originated by BRED Vanuatu Limited (BVL or the Bank) in both Vanuatu and the Solomon Islands. IFC and BVL will equally share the risk of the total portfolio of up to US$20 million equivalent to be committed, where the maximum IFC investment size is up to US$10 million equivalent, to support the growth of BVL's SMEs portfolio in both countries (the Project). The proposed investment would be processed under the small loan guarantee program (SLGP), to de-risk and scale-up financing for SMEs in eligible countries.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation