Cameroon: IFC partners with La Régionale Bank to boost access to credit

Cameroon: IFC partners with La Régionale Bank to boost access to credit

Cameroon: IFC partners with La Régionale Bank to boost access to credit

The International Finance Corporation (IFC) has just partnered with La Régionale Bank in Cameroon. The two sides signed the related agreement on June 22, according to the World Bank’s private sector arm.

Under the deal, the IFC will open a CFA3 billion credit line for La Régionale. The financing will allow the Cameroonian lender to loan more at competitive rates to micro, small, and medium enterprises (MSMEs) and low-income households.

For more information, please see https://www.businessincameroon.com/finance/2306-13227-cameroon-ifc-partners-with-la-regionale-bank-to-boost-access-to-credit

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