CAL Bank Limited

Africa

Region

‐

Investment (MNOK)

Exit

Status

CAL Bank commenced operations in 1990 and received its Universal Banking License in 2004 and soon commenced providing specialized retail banking services. Today CAL Bank provides a broad range of banking and financial solutions to large corporations, small and medium-sized enterprises, public sector institutions and retail customers through a network of 28 branches and over 100 ATMs across Ghana. Arise owns 27.7% of CAL Bank and is its second largest shareholder.

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Key information

Sector:
Financial Inclusion
Investment (MNOK):
‐
Year:
2018
Region:
Africa
Country:
Ghana
Domicile:
Ghana
Instrument:
Loans
Status:
Exit
Mandate:
Development

Additionality for CAL Bank Limited

This investment is particularly additional on the following ambitions:

  • Investing in the most capital constrained markets
  • Investing in the riskiest markets
  • Investing in the most difficult business environments
  • Improving social and environmental standards