Original disclosure @ IFC website
Updated in EWS Feb 5, 2020
Disclosed by Bank Dec 17, 2019
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The proposed project entails the provision of a US$50 million senior loan to Societe Generale Ghana (“SG Ghana” or the “Bank”) to support the Bank’s lending to Small and Medium Enterprises (“SMEs”) in Ghana.
The most significant expected Project-level outcome is an increase in the availability of longer-term financing to underserved SMEs. IFC also anticipates that the Project has the potential to promote greater market competitiveness through demonstration of the commercial viability of lending to SMEs.
Societe Generale Ghana
Mr. Mohamed Fehri
Chief Finance and Administration Officer
P.O. Box 13119 Accra, Ghana
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