Original disclosure @ IFC website
Updated in EWS Mar 2, 2022
Disclosed by Bank Jan 28, 2022
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According to the bank website, the project is an uncommitted trade finance guarantee facility under IFC’s Global Trade Finance Program. The purpose of the proposed IFC trade line is to support VistaGui’s trade program. GTFP’s investment in the form of a trade line will confirm banks partial or full guarantees (and other trade instruments) covering payment risk on banks in emerging markets in Republic of Guinea for their trade related transactions.
The project builds on GTFP's global platform, increasing access to trade finance to emerging markets. The Project will provide increased access to trade finance to the Bank's customers. On the market side, the project will further connect the Bank's cross-border connections, increasing the country's integration through both financial and real sector channels. It will help to link more traders to other countries and connect the country's financial markets more deeply.
|Private Actor 1||Private Actor 1 Role||Private Actor 1 Sector||Relation||Private Actor 2||Private Actor 2 Role||Private Actor 2 Sector|
|-||-||-||-||Vista Bank Group||Parent Company||-|
+224 624 93 11 11
Rte de Donka, Conakry, Guinea
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