Original disclosure @ IFC website
Updated in EWS Jan 8, 2023
Disclosed by Bank Jul 21, 2022
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According to the Bank’s website, the proposed investment entails (i) Senior loan facilities of up to US$ 100 million to CRDB Bank PLC with a maturity of up to 5 years and; (ii) a Senior loan of up to $5 million with a maturity of up to 3 years to the Bank's subsidiary, CRDB Burundi S.A (CRDB-BI). The proposed investment will support the growth of the Bank's Micro, Small, and Medium Enterprises (MSMEs) and Women-Owned SMEs (WSMEs) portfolio in Tanzania and Burundi.
CRDB Bank PLC
Head of Treasury-ALM
CRDB Bank Headquarters,Azikiwe Street, Dar Es Salaam, Tanzania
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