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Syndicated Loans & Management

Syndicated Loans & Management > Overview/Benefits  > Syndications  > B Lender Eligibility 

Participants and Eligibility Criteria


Eligibility Criteria - Typically, in order to participate in the B Loan Program, a financial institution must be an Eligible Financial Institution ("EFI"). To qualify as an EFI, a financial institution will need to meet all of the following criteria:

  • The financial institution cannot be an official agency such as an export credit agency or other governmental, quasi-governmental or multilateral agency; 
  • The financial institution will need to have at least one investment grade long-term foreign currency rating of Standard & Poor's, Moody's Investors Services or Fitch Ratings; and, 
  • The financial institution cannot be incorporated, nor can it have its head office in the country where the borrower is incorporated. The Participant can also not be an office or branch that is resident in that country.

IFC wants to ensure that participants make their decision(s) based on purely commercial reasons, and needs to ensure that participants are financially healthy. A participant cannot be incorporated in the country of the borrower, since IFC's B Loan Program seeks to attract offshore capital to IFC's borrowing member countries.

 

Participants - There is a committed group of financial institutions that frequently participate in IFC’s B Loan Program. Currently, over 174 international banks and institutional investors are participating in the Program. Many of the participants are European commercial banks. Below you will find a list of the top 20 participants as of June 30, 2013.




 

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