BCN SME

The purpose of the above investments is to help BCN increase access to finance to small and medium enterprises (“SMEs”), including women-owned SMEs requiring Long-term Finance, and to help the Bank grow its trade finance business. The proposed investments consist of a 5-year senior loan of up to EUR5.0 million and a Trade Line of up to US$2.0 million. The project is complemented by Advisory Services that will enable the Bank to better design a Strategy & Business model that will help it scale up its SME lending. Institutional Capacity Building will be achieved through improved corporate governance and enhanced social & environmental management system (“SEMS”).