The proposed project is a straight senior loan of US$75 million to First City Monument Bank Limited (‘FCMB’ or “the Bank”), a mid-tier financial institution in Nigeria (‘the Country”). The proposed loan will support the Bank in increasing its lending to SMEs, including Women-Owned SMEs (“WSMEs”), and climate-smart projects.
First City Monument Bank
Group Head, Treasury
Primrose Towers, 17A, Tinubu Street, Lagos Island
ACCOUNTABILITY MECHANISM OF IFC
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org. You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org/