37907-014: PAK: SME SECTOR DEVELOPMENT PROGRAM:SME GUARANTEE FACILITY COMPONENT
Project Data Sheet (PDS): Overview
A revolving local currency partial credit guarantee facility (PCG Facility) of up to $60 million equivalent, whereby individual PCGs will be issued to Standard Chartered Bank (SCB) and Citibank which were selected during due diligence to cover up to 50% of the commercial and political risks associated with their portfolios of credits to small and medium-sized enterprises (SMEs) as defined by the State Bank of Pakistan. Under the PCG Facility, uncommitted sub-limits will be given to the ... Read More
|Borrower/Equity Investment Name||SME PCG FACILITY (PAK)|
|Type or Modality of Assistance||
|Financing||Private sector (Nonsovereign)|
|Approval Date||18 Dec 2003|
|Subsector||Small and medium enterprise finance and leasing|
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