Stanbic Bank Zambia SL

The project involves IFC financing of up to ZMW 200 million (approximately US$20 million equivalent) to Stanbic Bank Zambia Limited (“Stanbic Zambia” or the “Bank”), a leading commercial bank in Zambia. The funding will primarily be used for expanding the Bank’s lending operations to small and medium enterprises (“SMEs”), including women-owned SMEs (“WSMEs”), as well as to the agribusiness sector.