Overview:
Sparkassenstiftung fuer internationale Kooperation (Savings Bank Foundation for International Corporation, SBFIC) provides financing and assistance to microfinance institutions (MFIs).
Description:
Sparkassenstiftung fuer internationale Kooperation (Savings Bank Foundation for International Corporation, SBFIC) was launched in 1992 by Germany’s Sparkassen-Finanzgruppe, a group of savings banks. SBFIC focuses on five project types: development of retail banks, credit lines for small and medium enterprises, transforming NGOs into formal banks, human resource development and training, and financial-sector development.
Microfinance Information Exchange (MIX) Profile:
http://mixmarket.org/funders/sbfic/structure
Organization’s Website:
http://www.sbfic.de/ueberuns.html?&L=1
Just the Facts:
Country of Incorporation: Germany
Year Founded: 1992
Area of Operation: Global
Participant(s)/Backer(s)/Investor(s): Sparkassen-Finanzgruppe
Instruments: Loans and Debt Securities, Technical Assistance
Contact Information:
Sparkassenstiftung für internationale Kooperation
Savings Banks Foundation for International Cooperation
Simrockstraße 4
D-53113 Bonn
Germany
Phone: +49 228 9703 0
Fax: +49 228 9703 613
Email: office@sbfic.de
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Additional Resources:
Latest News from SBFIC
http://www.sbfic.de/aktuelles.html?&L=1
Germany’s Savings Bank Foundation for International Corporation (SBFIC) Lends an Additional USD 6.9 Million in Microfinance Funds to Hatton National Bank of Sri Lanka for Tsunami (July 2007)
http://www.microcapitalmonitor.com/cblog/index.php?/archives/1025-MICROC…
Link to Microcapital Universe wiki page
https://www.microcapital.org/microfinanceuniverse/tiki-index.php?page=Sparkassenstiftung+fuer+internationale+Kooperation+%28Savings+Bank+Foundation+for+International+Corporation%2C+SBFIC%29
Authored by Kenny Kline, Research Associate
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