PROJECT

Projects

Summary of Investment Information

Project Number

51797

Company Name

CITY UNION BANK LIMITED

Date SPI Disclosed

Jan 22, 2026

Country

India

Region

South Asia

Projected Board Date

Feb 23, 2026

Environmental Category

C - No Impact

Status

Pending Signing

Last Updated Date

Jan 26, 2026

Department

Regional Industry - FIG Asia & Pac

Industry

Financial Markets

Previous Events

Approved : Nov 11, 2004

Sector

Commercial Banking - Trade

Project Description

The proposed investment consists of a Trade Finance facility under IFC’s GTFP (Global Trade Finance Program) for US$20 million for up-to a tenor of 12 months to City Union Bank(CUB). The program will be utilized for guaranteeing trade-related payment obligations of CUB.

 

Established in 1904, CUB is the oldest private sector bank in India and one of the few private sector banks with a niche focus on serving MSMEs and the retail segment. The Bank has a customer base of over 15,000 MSMEs and a network of 875 branches nationwide, of which over 75% are located in semi-urban, urban, and rural area.                                                   

                                                   

Associated Advisory Engagement

             

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation