Fidelity Bank Ltd.

Subsidy : April 2019 - December 2019

This project will assess the potential for Fidelity Bank Ghana to develop green credits on the Ghanian market.

Amount

€ 25,075.00

Type of investment

Subsidy

Development impacts

  • Promotion of ESG best practices
  • Fight against climate change and preservation of natural resources

Beneficiary locations

Africa: Ghana

Investment field

Financial Institutions

Activity

KK.64.190  Commercial banking

Organisation

Fidelity Bank Ltd.

Domicile

Ghana

More investments in

Fidelity Bank Ltd.

  • Subsidy € 32,583.00 (2022-2022)
  • Debt € 14,433,000.00 (2016-2021)

The objective is to study the green credit opportunities for Fidelity Bank by conducting a portfolio analysis as well as a market study in Ghana. The ultimate goal is to offer the SME segment financial products for sustainable solutions, such as: green commercial building loan, renewable energy credit, energy efficiency credit, etc.

Development impacts

  • Promotion of ESG best practices

    Holistic approach of environmental management by an increased awareness of the risks in Fidelity’s portfolio and possible mitigants.

  • Fight against climate change and preservation of natural resources

    Development of green products to mitigate the impact of climate change and environmental risk.

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