EC-L1061 : Banco Pichincha Lending Facility

Project Status
Approved

To help Banco Pichincha diversify its financing sources; extend financing tenors and access international financial markets. IDB resources could be complemented with a syndicated loan estimated in up to US$25 million from commercial banks.

PROJECT DETAIL

Project Number EC-L1061
Financial Information
Project Number EC-L1061
Project Status Completed
IDB Financing
Financing Type Private Sector Loan
Fund Ordinary Capital
Reporting currency USD - United States Dollar
Reporting Date APR 30, 2017
Roles & Responsibilities
Contract Signature Date JUL 23, 2008
Financial Information
Project Number EC-L1061
Project Status Completed
IDB Financing
Financing Type Complementary Line of Credit
Fund Ordinary Capital
Reporting currency USD - United States Dollar
Reporting Date APR 30, 2017
Roles & Responsibilities
Contract Signature Date DEC 16, 2010
Country Ecuador
Sector FINANCIAL MARKETS
Subsector FINANCIAL MARKETS-BANKING MARKET DEVELOPMENT
Project Type Loan Operation

PROJECT INFORMATION

Total Cost H USD 72,000,000
IDB Financing
Reporting currency USD - United States Dollar
Estimated Cofinancing(s) USD 50,000,000
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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