CH-L1065 : BICE Bank - access2services Facility

Project Status
Completed

The access2services Pilot Facility`s main objective is to explore efficient ways to increase commercially viable financing through financial institutions (FIs) to high positive social impact sectors. The proposed Facility entails long term financing to two key middle market banks (Banco BICE and BicBanco), which have expressed interest in increasing their portfolios in their core business as well as in the health and education sectors with support from the IDB.

PROJECT DETAIL

Project Number CH-L1065
Operation Number 2674A/OC-CH
Country Chile
Sector FINANCIAL MARKETS
Subsector FINANCIAL MARKETS-CAPITAL MARKET DEVELOPMENT
Project Type Loan Operation
Project Status Completed
Approval Date DEC 13, 2011
Contract Signature Date APR 26, 2012
Completion Date JUN 16, 2012
IDB Financing * 50.00

PROJECT INFORMATION

Total Cost H USD 50,000,000
Financing Type Private Sector Loan
Fund Ordinary Capital
Reporting currency USD - United States Dollar
Reporting Date SEP 30, 2017
PORTFOLIO DETAILS
Key Value
H Historical
R Revalued

*For active and closed projects, the IDB financing at Board approval is shown in US$ millions. This does not reflect any cancellations. For projects in Preparation the amount shown is the Estimated IDB Financing. Approved projects shows either Estimated IDB Financing or Historic Approved amount. The IDB financing for projects in the pipeline is indicative and may be modified during the project preparatio

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Preparation

Approved

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