Investor

Liberian Bank for Development & Investment

Liberia

The LBDI was created by an Act of the National Legislature in 1961 under the joint initiative of the Liberian government and major international financial institutions who purchased equity in the Bank namely International Financial Corporation (IFC) Commonwealth Development Corporation (CDC) Capital Partners European Investment Bank (EIB) Groupe Agence Franicais de Development (GAFD) and Deutsche Investitions und Entwicklungesllchaft (DEG) over 150 private Liberians other international and local institutions. Foreign shareholding is 44.47% and local shareholding is 55.53%.LBDI is predominantly a privately owned institution under private management and a Board of Directors elected annually by its Shareholders.

Type: Bank

Geography: Liberia

Impact: Access to Financial Services