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
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries
If you believe that your request for information from IFC has been unreasonably denied, or that this Policy has been interpreted incorrectly, you can submit a complaint at the link above to IFC's Access to Information Policy Advisor, who reports directly to IFC's Executive Vice President.
ACCOUNTABILITY MECHANISM OF IFC/MIGA
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