Regulation The Participating Lender must be in good standing with the approved regulator. The Participating Lender must continue to meet the minimum financial performance ratios established by the regulator.
Place of Operation The Participating Lender must operate in any of the six member states that are party to the ECPCGC Agreement and must be listed on the ECCB’s listing of Commercial Banks, Credit Unions and Development Banks.
Experience and Capacity Participating Lender must have provided MSME loans for a minimum of three years and have at least 15 MSME loans in its portfolio (experience and ability criteria). The Participating Lender must have the capacity to use the Environmental and Social questionnaire provided by the ECPCGC. The Participating Lender must have an effective system of internal controls to identify and manage credit and liquidity risk.