Tuesday, May 9, 2017

Djibouti: Silk Road International Bank (French and English)

The Oxford Business Group published on 26 April 2017 an article titled "Djibouti Moves to Increase Financial Inclusion."

The Silk Road International Bank (SIB) is owned by China's IZP Group, the Djiboutian government, and Silk Road E-Merchants. It has modest start up capital of $8 million. SIB is reportedly the first Chinese-funded lender to be granted a greenfield license in Africa.

No comments:

Post a Comment