PROJECT

Projects

Summary of Proposed Investment

Project Number

22320

Company Name

ACLEDA BANK PLC.

Date SPI Disclosed

Feb 24, 2004

Country

Cambodia

Industry

Financial Markets

Projected Board Date

Apr 9, 2004

Status

Completed

Sector

Commercial Banking - Microfinance and Small Business

Department

Global Industry, Financial Markets

Environmental Category

FI-1 - Significant

Previous Events

Approved : May 7, 2004
Signed : May 21, 2004
Invested : Jul 23, 2004

Project Description

The project is to extend a term loan of up to $6.0 million to Acleda Bank Limited (Acleda or the company), the leading Cambodian microfinance bank, to support expansion of its lending operations.

Sponsor / Cost / Location

Development Impact