To increase access to sustainable finance in Nigeria, Canada’s Development Finance Institution, FinDev Canada, provides a loan of up to US$ 40 million to Stanbic IBTC.
Montreal (Quebec), 17 July 2024 – Canada’s bilateral Development Finance Institution, FinDev Canada, announces a senior loan of US$ 100 million to FirstRand Bank Limited (FRB), the wholly-owned banking subsidiary of FirstRand Limited (FirstRand), Africa’s largest financial services group by market capitalization.
Montreal (Quebec), 17 July 2024 – Canada’s bilateral Development Finance Institution, FinDev Canada, joins the Dutch entrepreneurial development bank FMO and seven other impact investors to announce a $US 295 million commitment to Access Bank, Nigeria’s leading bank.
Montreal (Quebec), 15 July 2024 – FinDev Canada, Canada’s bilateral Development Finance Institution, is investing up to $US 20 million in a blue bond issued by Banco Nacional de Costa Rica (BNCR). This transaction builds on FinDev Canada’s successful past collaboration with BNCR, through the corporation’s $US 30 million participation in an IDB Invest-led subordinated social bond in 2022.
Montreal (Quebec), 14 June 2024 – Canada’s bilateral Development Finance Institution, FinDev Canada, will have additional resources to increase its support for sustainable and inclusive development through the private sector in emerging markets and developing countries.
