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- Operations
- Line of Credit to National investment Bank
Line of Credit to National investment Bank
Ghana
Borrower | Ghana |
Financing Type | Public Sector |
Instrument | Project Loan |
Focus Area | Financial |
Approved | 26.11.1979 |
Signed | 18.02.1980 |
Status | Completed |
Loan Administrator | IDA |
Executing Agency | National Investment Bank |
Co-financiers | IDA, EEC |
OPEC Fund Contribution (US$m) | 1.50 |
Total Project Cost (US$m) | 35.00 |
The line of credit was to complement an IDA credit of $19 million equivalent and $6 million from the EEC Special Action Fund, administered by IDA. The proceeds of the line of credit would go to eligible borrowers for the undertaking and/or strengthening of small-scale enterprises.