CRDB Bank DR Congo S.A.
Africa
Region
119.4
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.
Key information
- Sector:
- Financial Inclusion
- Commitment (MNOK):
- 119.4
- Year:
- 2022
- Region:
- Africa
- Country:
- Congo, Democratic Republic Of The
- Domicile:
- Congo, Democratic Republic Of The
- Instrument:
- Equity
- Status:
- Active
- Mandate:
- Development