According to the Bank’s website, IFC’s proposed project consists of a trade finance facility of up to US$5 million for SUNU Bank Togo with a maturity of up to 1 year. The investment falls under the IFC’s Global Trade Finance Program (“GTFP”) and is booked under the African Trade and Supply Chain Finance Recovery Initiative (“ATRI”) umbrella. The investment will support the Bank’s international trade business and enhance acceptability by correspondent banks (“CBs”) of Letter of Credits, Guarantees and other trade instruments issued by SUNU Bank Togo, the eighth largest commercial bank in Togo in terms of net loans, in favor of its CBs.
Sunu Bank Togo
+228 2253 4700
Immeuble SUNU Banque Togo 23 Avenue Kleber Dadjo Quartier Hanoukope, Lome Togo
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