Banco Terra

Africa

Region

88.4

Investment (MNOK)

Exit

Status

BT was established in 2006. Current shareholders are Rabo Development, Montepiu, Norfund and GAPI. BT has incurred substantial losses each year. Norfund has invested close to NOK 100M, which by 31.12.2014 was written down to 17.5%.

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Key information

Sector:
Financial Inclusion
Investment (MNOK):
88.4
Year:
2006
Region:
Africa
Country:
Mozambique
Domicile:
Mozambique
Instrument:
Equity
Status:
Exit
Mandate:
Development