I&M Rwanda
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The proposed project comprises a Tier II capital qualifying subordinated loan investment by IFC of US$10 million to I&M Bank Rwanda Limited (“IMR” or the “Bank”) to support the Bank’s lending program, including lending to small and medium size enterprises ( SMEs) and to the agri-business sector in Rwanda (the “Project”). IFC’s investment will provide IMR with the necessary Tier II capital to support its capital adequacy. In addition, the investment will also help in lengthening the maturity profile of the Bank’s funding.