Standard Bank Group and IFC sign agreement to expand local currency lending in Africa
11/26/24, 4:51 AM
Location
johannesburgIndustry
banking
financial services
Type
agreement
Standard Bank Group has signed an agreement with the International Finance Corporation (IFC) to expand local currency lending and accelerate development projects across Africa. This collaboration aims to expand local currency lending and accelerate essential development projects across the continent, a crucial step for countries struggling with currency liquidity.
Company Info
Location
johannesburg, gauteng, south africa
Additional Info
Standard Bank Group, with a legacy of over 160 years in Africa, holds a deep understanding of and belief in the continent’s boundless opportunities. Our vision goes beyond geography—it reflects a profound recognition of the immense potential for growth embedded in our people, customers, entrepreneurs, and everyone who shares our enduring commitment and passion for investing in Africa.