Bridge Bank Group secures US$11m Murabaha financing from ITFC to support private sector and SMEs

COTE D’IVOIRE – The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank Group (IsDB), granted a Euro 10 million (US$11.83m) Murabaha financing to Bridge Bank Group, Cote d’Ivoire (BBGCI). The facility represents a significant portion of BBGCI’s remaining 2021 trade financing requirements and enables BBGCI to support the Bank’s growing private sector clients as well as small-to-medium-sized enterprises (SMEs). BBGCI, Cote d’Ivoire’s nineth largest bank by total assets, will make the funding available to the Bank’s growing client-base, especially importers operating in sectors such as…

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