Reference:
20140126
Release date: 20 May 2015
Release date: 20 May 2015
Promoter – Financial Intermediary
First National Bank Zambia LTDLocation
Description
Dedicated line of credit to FNB Zambia for onlending to private small and medium-sized enterprises (SMEs) and midcaps in Zambia.
Objectives
The line of credit is intended to support the availability of term finance for Zambian SMEs and midcaps. The credit facility will contribute to private sector development in Zambia.
Sector(s)
- Credit lines - Credit lines
Proposed EIB finance (Approximate amount)
EUR 14 million
Total cost (Approximate amount)
not applicable
Environmental aspects
Final beneficiaries will be requested to comply with applicable national legislation and EIB standards, as appropriate.
Procurement
Final beneficiaries will be requested to comply with applicable national legislation and EIB standards, as appropriate.
Status
Signed - 27/11/2015