Share the page
Supporting the financing of the import of essential goods and capital goods in Guinea
Project
-
Signature date
-
-
Location
-
Guinea
-
Financing tool
-
Financing amount (Euro)
-
10000000
-
Financing details
-
Guarantees provided by Proparco to the confirming banks that are members of the program for documentary credits issued by Vista Gui. Maximum envelope of USD 10m.
-
Customer
-
VISTA GUI-SA
-
Type of customer
-
Company
-
Country of headquarters
-
Guinea
-
Project number
-
PGN1038/PZZ1632
-
Environmental and social ranking
-
IF-C
This information is given at the time of signature, without prejudice to any developments in the operation/project.
The operation involves the allocation of a USD 10m envelope to guarantee the Trade Finance instruments issued by Vista Gui.
Client presentation
The third largest bank in Guinea, Vista Gui is the subsidiary of the Vista banking group and finances the Trade Finance operations of large companies and SMEs at local level.
Project description
The Trade Finance facility, for a renewable two-year period, will enable Vista Gui to issue international Trade Finance instruments for an amount of up to USD 10m. This line will support the financing of the import of essential goods and capital goods in Guinea.
Vista Gui also benefits from technical assistance for the definition and implementation of a strategy that specifically targets women entrepreneurs.