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

Beneficiary locations

Africa: Ghana

Investment field

Financial Institutions

Activity

KK.64.190 Commercial banking

Organisation

Fidelity Bank Ltd.

Website

https://www.fidelitybank.com.gh/

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