FirstRand

FirstRand Bank MSME Financing – IFC covered Financing

Borrower(s)
FirstRand
Industry
Social projects/Entrepreneurship/Employment creation
Area of finance
Development Bank Finance
Region
Africa
Africa
Countries
South Africa

Project Overview

IFC has provided a $100 million loan to FirstRand Bank to expand access to finance for MSMEs in South Africa, targeting businesses in sectors that have traditionally struggled to access funding.

Deal Volume
$100m
Financial Close
02/07/2025
Dealmakers

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Tranches

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