According to the Bank’s website, the proposed project is an unfunded trade finance facility under IFC’s Global Trade Finance Program (GTFP or the GTFP Facility) of up to US$5 million, booked under the Africa Trade and Supply Chain Recovery Initiative (ATRI), benefiting from a 25 percent pooled first loss guarantee. The purpose of the proposed IFC trade line is to support Coris Bank International Guinea’s (the Bank or CBI GN) 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 the Republic of Guinea for their trade-related transactions.
|Private Actor 1
|Private Actor 1 Role
|Private Actor 1 Sector
|Private Actor 2
|Private Actor 2 Role
|Private Actor 2 Sector
|Coris Bank International Guinée
Coris Bank International Guinée
Mr Mambo TETEBENISSAN
BP 3048, Conakry, Guinee
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