CRDB Bank DR Congo S.A.

Africa

Region

120.2

Commitment (MNOK)

Active

Status

This is a US$ 6.75MM that will be used to establish CRDB Bank DRC S.A (CRDB DRC) in Lubumbashi, the Democratic Republic of Congo (“DRC”) – including capital expenditures, licenses, and initial operating costs. It will be a banking subsidiary of CRDB Bank Plc. (the sponsor or CRDB), the second largest bank in Tanzania and is seeking to expand regionally.

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Key information

Sector:
Financial Inclusion
Commitment (MNOK):
120.2
Year:
2022
Region:
Africa
Country:
Congo, Democratic Republic Of The
Domicile:
Congo, Democratic Republic Of The
Instrument:
Equity
Status:
Active
Mandate:
Development