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Erudite AfricaCenter of Excellence
← Project Appraisal Level 3: Advanced Project Risk, Structuring and Monitoring

Complex financing structures and the security package

Module 03 / 5 · 65 min

Finance projects too large or too risky for a simple loan by sharing exposure with other lenders and placing each risk on the party best able to carry it.

In this module you will learn to

  • Size the bank's share of a large project against the large-exposure limit and board appetite
  • Explain the roles and rights of lead, agent and participant banks in a syndication
  • Choose among co-financing, supplier credit, leasing and loan buyout
  • Design sponsor support, reserve accounts and a security package that allocate risk sensibly

Built on

  • Erudite Africa training module: Project Appraisal Level 3: Advanced Project Risk, Structuring and Monitoring (October 2026)
  • A commercial bank's Revised Credit Procedure Manual (2025), unnamed
  • NBE directives as listed in the lessons: FXD/01/2024 as amended (including FXD/04/2026), SBB/87/2024, SBB/90/2024
  • Ethiopian laws: Environmental Impact Assessment Proclamation No. 299/2002, Environmental Pollution Control Proclamation No. 300/2002, Movable Property Security Right Proclamation No. 1147/2019, Insurance Business Proclamation No. 746/2012
  • Erudite Africa Ethiopian-context course catalogue (October 2026)

Examples and companies are fictional. Bank practices are shown as typical Ethiopian practice, not as any one bank's policy. Always apply your own institution's approved policy and the current NBE directives.