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NSIA Banque Côte d'Ivoire S.A. secures EUR 40 million from FinDev Canada to enhance financial inclusion and climate mitigation efforts.

PRIVATEAug 06, 20263 days ago

Amount Raised

€40 Million

Round Type

Venture - Series Unknown

Ivory CoastFinancial ServicesFinanceLending

Investors

Kexim Global (Singapore) Ltd.CitibankFin Dev Canada

Description

FinDev Canada announces a EUR 40 million loan to NSIA Banque Côte d'Ivoire S.A., aimed at supporting financial inclusion and climate mitigation. This investment will help improve access to financial services for underserved populations in Côte d'Ivoire. The loan is part of a larger EUR 100 million syndicated facility led by Citibank and aims to bolster support for SMEs and women-owned businesses. NSIA aims to allocate significant portions of the loan to advance gender equality and support SMEs.

Company Information

Company

NSIA Banque Côte d'Ivoire S.A

Location

Ivory Coast

About

NSIA Banque Côte d'Ivoire S.A. is a leading bank in Côte d'Ivoire committed to advancing financial inclusion and climate mitigation. The bank focuses on improving access to financial services for underserved populations, including SMEs and women-owned businesses. NSIA aims to strengthen financial support to the private sector and is dedicated to promoting gender equality through tailored solutions. It also invests in climate finance initiatives aimed at enhancing renewable energy efforts in the country.

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