PROJECT

Projects

Summary of Investment Information

Project Number

51160

Company Name

CITY UNION BANK LIMITED

Date SPI Disclosed

Aug 14, 2025

Country

India

Region

South Asia

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Dec 13, 2025

Department

CF4S1 - Regional Industry - FIG Asia & Pac/FIG India, Bhutan, Maldives

Industry

Financial Markets

Previous Events

Approved : Sep 26, 2025
Signed : Oct 31, 2025
Invested : Dec 11, 2025

Sector

Commercial Banking - General

Project Description

The proposed investment is a senior unsecured A loan of up to US$50 million to City Union Bank (CUB or the Bank) in India, with a tenor of 3 years (bullet repayment). The proceeds of IFC’s investment will be utilized to support CUB to expand its climate finance portfolio (comprising primarily renewable energy (RE)) (the Project), particularly for its micro, small, and medium enterprise (MSME) customers.  

Associated Advisory Engagement

  N/A  

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation