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Banco Terra

Banco Terra is a bank that targets small- and medium-sized enterprises with a special focus on the agricultural sector. Norfund had a central role in establishing the bank in 2006. The remaining owners are Rabo Financial Institutions Development BV (Rabobank), KfW and Sociadade De Investimentos (GAPI). Norfund regards the start-up of Banco Terra as a key contribution to making financial services available to a greater number of enterprises and individuals in Mozambique.

Facts

  • Sector: Financial services
  • Investment year: 2006
  • Instrument: Equity
  • Committed amount (MNOK): 100,7