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Member News: The Islamic Corporation for the Development of the Private Sector Provides 40 Million Euros to Orabank

Orabank SME

OraGroup, the holding company of the African banking group Orabank, has received EUR 40 million following the financing agreement signed with the Islamic Corporation for the Development of the Private Sector (ICD) - a SME Finance Forum member - in December 2017. These funds will enable Oragroup, through its subsidiary and branches in Côte d'Ivoire, Togo and Gabon, to finance, with the benefit of exclusivity, eligible projects from small and medium-sized enterprises (SMEs) operating in member countries of the ICD.

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