| Financier | Commitments |
|---|---|
| IDA Credit | 700.00 |
Financial Sector Strengthening Project (FSSP)
Abstract*
Through a combination of results-based financing and TA, the proposed project will provide critical reform supporting investments and capacity building to the three public sector institutions - the central bank, NBE and two state owned banks, CBE and DBE - and improve the enabling environment for financial sector development. Project funds will be used to support the recapitalization of CBE and DBE and will support capacity building of the three public... Show More
Development Objective
To enhance financial sector stability through strengthening key state-owned financial institutions and the banking sector supervisory and regulatory framework.
Key Details
Project Details
P171627
Active
Marlon Rawlins , Uloaku Oyewole
Federal Democratic Republic of Ethiopia
November 18, 2020
(as of board presentation)
December 17, 2024
April 16, 2025
US$ 500.00 million
Development Bank of Ethiopia,Commercial Bank of Ethiopia,National Bank of Ethiopia
2025
US$ 700.00 million
N/A
Moderate
December 31, 2028
Yes
BANK APPROVED
February 5, 2023
Finances
Financing Plan (US$ Millions)
Total Project Financing (US$ Millions)
| Product Line | IBRD/IDA |
|---|---|
| IBRD Commitment | N/A |
| IDA Commitment | 700.00 |
| IBRD + IDA Commitment | 700.00 |
| Lending Instrument | |
|---|---|
| Grant Amount | N/A |
| Total Project Cost** | 500.00 |
Summary Status of World Bank Financing (US$ Millions) as of April 30, 2025
No data available.
Detailed Financial Activity as of April 30, 2025
No data available.
Results Framework
No data available.