First National Bank Ghana

Africa

Region

95.2

Commitment (MNOK)

Active

Status

Norfund has provided a senior loan to First National Bank Ghana as part of a syndication arranged by DEG. First National Bank Ghana is a retail and commercial bank, and the loan from Norfund will support access to funding for retail, SME and company clients in Ghana.

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Key information

Sector:
Financial Inclusion
Commitment (MNOK):
95.2
Year:
2020
Region:
Africa
Country:
Ghana
Domicile:
Ghana
Instrument:
Loans
Status:
Active
Mandate:
Development

Additionality for First National Bank Ghana

This investment is particularly additional on the following ambitions:

  • Investing in the poorest countries
  • Investing in the most capital constrained markets
  • Investing in the riskiest markets
  • Investing in the most difficult business environments
  • Mobilising private investors
  • Improving social and environmental standards

Read more about the investment:

Equity Bank Mombasa

Strengthening the Ghanaian financial sector