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Find all the economic and financial information on our Orishas Direct application to download on Play StoreThe Board of Directors of the International Finance Corporation (IFC) approved a loan of 4.9 million USD (approximately 2.9 billion FCFA) to La Régionale Bank. Sources close to the matter announce that the funding agreement will be officially signed by the 2 parties in the coming weeks. Noted that IFC is the branch of the World Bank in charge of the private sector
.Cette enveloppe permettre à The Régionale Bank to expand its credit portfolio to local SMEs operating in agriculture, crafts, trade, personal services, etc. This financing is granted under the Covid facility SFI's Base of Pyramid, set up to help financial service providers provide loans to small and/or informal businesses and low-income households. It aims to support economic growth, job creation and a resilient recovery from the pandemic
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