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World Bank building

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

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Explore different types of political risk insurance guarantees provided to investors and lenders.

Hyundai building

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Hands husking peas into a basket full of peas

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

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About Dropdown Description

World Bank building

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

Our Impact Dropdown Description

Hands husking peas into a basket full of peas

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

Our Products Dropdown Description

Young woman bending down to tending to her outside chores

Explore different types of political risk insurance guarantees provided to investors and lenders.

Projects Dropdown Descriptions

Hyundai building

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Pakistan

Société General (Karachi Branch)

$12.6 million
Banking
Project Brief
Not Active
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Société Générale, a French company, received a $12.6 million debt and equity guarantee from MIGA for a new branch bank in Pakistan. The Karachi branch will provide a wide range of banking services to its national and international customers, aiding in the development of Pakistan's financial sector. The branch will create some forty-seven new jobs and generate an estimated $2.6 million in tax revenues during its first five years. MIGA's guarantee covers the risks of currency transfer and expropriation.

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