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Frontclear, un prêt participatif pour aider les banques de petite taille à accéder aux marchés
By facilitating access to financial markets for small banks, Frontclear is allowing them to finance themselves at a lower cost and therefore more effectively control their risks – which ultimately promotes the allocation of loans to their clients.
Client presentation
The Frontier Clearing Corporation is a financial markets development company focused on catalyzing more stable and inclusive interbank markets in emerging and frontier countries.
Project description
Frontclear facilitates access for local institutions to local and global financial markets through the issuance of guarantees covering residual counterparty credit risk in interbank transactions. Through its technical assistance program, Frontclear also supports capacity development and the establishment of financial infrastructure in developing countries.
Project impact
Frontclear enables access to local and global markets for smaller banks, thereby reducing their funding costs and enabling them to manage risk. In turns, this allows the banks to extend more responsible funding to their SME clients. Frontclear support economic development by catalysing the establishment of more liquid, stable and inclusive financial markets in emerging markets and developing countries.
06/03/2015
Date of signature of the project
Sectors
Multi-country Global Kenya
Location
Financing tool
25 531 139 Euros
Amount of funding
Participatory loan of USD 28m
Financing details
Frontier Clearing Corporation
Client
CES