Date de publication: 10 janvier 2006
Promoteur – Intermédiaire Financier
Banque Internationale d’Investissement SALieu
Description
The operation concerns a newly created bank i.e. Banque Internationale d’Investissement (BII) incorporated in Mauritania in July 2005. BII will seek to develop four segments; namely corporate clients (domestic or international), international organisations, SMEs and selected retail banking clients. The bank’s official operational start-up is foreseen for 16/01/2006.
Objectifs
The entry of a new bank offering modern banking products and technology is expected to contribute to the development of the country’s financial system. Increased competition should push other banks to reform and/or consolidate and encourage the supervisory authorities to strengthen banking regulation. The proposed EIB participation in the capital of BII is anticipated to send a signal attracting more efficiency-enhancing foreign direct investment in the banking sector.
Commentaires
Financial
Secteur(s)
Montant BEI envisagé (montant approximatif)
Up to USD 5 million in the form of an equity participation
Coût total (montant approximatif)
Not Applicable.
Aspects environnementaux
This operation has no environmental impact.
Passation des marchés
Not Applicable.
Statut
À l'examen - 17/03/2006