Data / Partner portfolio / World Bank Group / IFC

BUH Haiti

US$ millions unless stated. Haitian fiscal year, October to September. FY2026-27 began October 1, 2026.

Objective

1. Institutional capacity building and strengthening of the financial system in Haiti, an FCS country, by supporting a promising financial intermediary through an investment and advisory program focusing on improving risk management, corporate governance, and SMEs lending practices. 2. Support the growth of the productive sectors of the Haitian economy by expanding and increasing access to finance to served and underserved segments, focusing on SMEs. The SME Finance forum estimates that the total credit gap in Haiti amounts to almost US$2.5 billion, with 49% of MSMEs reporting that they are either under or unserved by financial institutions and 35% of MSMEs reported lack of access to finance as major barrier to growth.

As published by IFC Finances One, in its original language.

Description

The proposed project consists in providing long-term financing [in local currency] to Banque de l’Union Haitienne (“BUH” or the “Bank”), in order to support the Bank’s growth and lending services to small and medium enterprises (“SME”). BUH is the fifth largest bank in Haiti with US$271 million in assets, 14 branches and 55,000 clients. The project will be supported by the Global SME Finance Facility which is a partnership with the UK Department for International Development and the Government of the Netherlands.

Partner

World Bank Group, IFC

Sector

Finance and private sector

Stage

Stopped

Approval

December 13, 2018

Closing

Not reported

Instrument

Loan, Loan

Effectiveness

Not reported

Last transaction

December 13, 2018

Operation ID

39665

Financing

Table 1.Financing, US$ millions

Table 2.Position at the data date by source (stocks), US$ millions

Each amount is given as the source publishes it, converted to US$. Amounts by source

New commitments and disbursements by fiscal year

Table 3.New commitments and disbursements by fiscal year (flows), US$ millions

Records and documents

Partner documents

• See Environmental and Social Management System (ESMS) summary tab., disclosures.ifc.org
• Summary of Investment Information - Anticipated Impact Measurement & Monitoring (AIMM) Assessment and Main Environmental & Social Risks and Impacts of the Project, disclosures.ifc.org
• Summary of Investment Information, disclosures.ifc.org

Sources

• IATI record (d-portal): terms of use set by the publisher
• IFC project page: terms of use set by the publisher
• Transactions: terms of use set by the publisher
• Operation record: terms of use set by the publisher