DR-L1038 : BHD Bank Lending Facility

Project Status
Approved

The transaction will allow the IDB to provide long-term financing to the corporate and small and medium-enterprise sectors, a key element to help the Dominican Republic achieve a sustainable rate of economic growth. It is also envisioned that a portion of the senior loan may be used for a green initiative to convert BHD¿s electrical back-up system to a clean energy source, with a technical assistance from its Sustainable Energy and Climate Change Initiative. The subordinated loan will be structured in order to meet the criteria for treatment as Tier II capital by the country¿s banking regulator.

PROJECT DETAIL

Project Number DR-L1038
Financial Information
Project Number DR-L1038
Project Status Completed
IDB Financing
Financing Type Private Sector Loan
Fund Ordinary Capital
Reporting currency USD - United States Dollar
Reporting Date SEP 30, 2017
Roles & Responsibilities
Contract Signature Date MAY 4, 2011
Financial Information
Project Number DR-L1038
Project Status Completed
IDB Financing
Financing Type Private Sector Loan
Fund Ordinary Capital
Reporting currency USD - United States Dollar
Reporting Date SEP 30, 2017
Roles & Responsibilities
Contract Signature Date MAY 4, 2011
Country Dominican Republic
Sector FINANCIAL MARKETS
Subsector FINANCIAL MARKETS-CAPITAL MARKET DEVELOPMENT
Project Type Loan Operation

PROJECT INFORMATION

Total Cost H USD 70,000,000
Country Counterpart Financing USD 52,500,000
IDB Financing
Reporting currency USD - United States Dollar
Estimated Cofinancing(s) USD 17,500,000
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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