The Project Finance & Multilateral Funds SBU exists primarily; To provide innovative, attractive, competitive, timely and responsive financing solutions and services to make our customers’ viable projects become reality, thereby creating value for our customers and the Bank”.
Project Finance at AmalBank takes a hands-on approach in creating financial arrangements for the various project-financing needs of our Clients or Project Partners. Our team has the capacity to structure various Project Financing options to meet unique requirements of Clients.
Our Project Finance facilities cover 'Greenfield' and 'Brownfield' projects; capacity expansion of existing manufacturing and business units, construction ventures or other infrastructure projects. Capital-intensive business expansion and diversification as well as replacement of equipment may be financed through the project term loans. Project loans are approved on the basis of thorough in-house appraisal of their viability and financial feasibility with due consideration to the credit standing of the promoters.
Other services offered include:
- Advisory services to our Project Partners and Customers
- Arrangement of syndicated facilities with other banks to finance huge projects
- Supporting Project Partners to raise long-term funding for projects
- Project management through regular monitoring and providing input for funded Projects
Types of Projects Financed
We finance only commercially viable and financially feasible projects - Private, Public or Public-Private Partnership Projects.
Target Market/Focus sectors
- Extractive Industries
- Infrastructure
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Hospitality & Accommodation
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Real Estate (Residential & Commercial)
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Telecommunication & IT
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Energy and Power Generation
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General Construction
- Agribusiness/Export Processing & Manufacturing
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Cocoa Processing
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Food & Beverages
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Non-Traditional Exports
How to Access Project Finance Facility
To apply for a Project finance facility, submit a written application letter with the following minimum information:
- The Project brief
- The Project cost
- The Financing plan - debt/equity ratio
- Facility utilization plan
- The collateral security to be provided
Examples of documentation which can be attached to help explain the project thoroughly are Feasibility reports, Business plans, Bills of quantities, Valuation reports.
Project Finance Cycle (PFC)
The PFC explains the various stages each request may go through from the time of request to completion of project and loan repayment. These include:
1. Application
2. Desk Review of Application / Appraisal
3. Field Visit
4. Credit Appraisal/Presentation
5. Offer / Acceptance
6. Disbursement
7. Monitoring
8. Loan Repayment/Closure
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