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Social Loan Financing

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Standard Chartered Bank building in Africa, showcasing regional presence.

Standard Chartered Announces USD 73 Million Of Social Loan Financing To Extend Namibe University In Angola

Standard Chartered announces USD 73 million of Social Loan financing for the Ministry of Finance of the Republic of Angola to expand the University of Namibe. Situated in the Southwest of the country, the University offers academic and professional training in fishery, technology, humanities, and nature. Commenting on the loan financing, Claudia Conceicao, CEO, Angola said: “This […]

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Aerial view of hospital construction in Angola funded by Standard Chartered social loan.

Standard Chartered Announces EUR 149 Million Social Loan Financing To Build A New Hospital In Angola

Standard Chartered announces EUR 149 million of Social Loan financing for the Angolan Ministry of Finance to build a new hospital in Kilamba, with a specialist burns ward. This is the government of Angola’s first Social Loan. The financing is backed by Export Credit Agency (ECA) UK Export Finance[1] (UKEF) and ASGC UK Limited[2] is the contractor […]

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