To improve its capacity to access funding over one year with correspondent banks to increase its trade finance activities, in line with the IDB¿s commitment to supporting intra-regional trade among Central American, South American and the Caribbean economies. The incorporation of Banco BTG Pactual into the TFFP will constitute the first step towards the establishment of a solid business relationship that could yield significant business opportunities in the context of the NSG mandate.
Project Detail
Country
Brazil
Project Number
BR-X1026
Approval Date
April 11, 2012
Project Status
Implementation
Project Type
Container
Sector
TRADE
Subsector
TRADE ADJUSTMENT ASSISTANCE
Lending Instrument
-
Lending Instrument Code
-
Modality
Facility
Facility Type
Trade Financing Facility
Environmental and Social Impact Category (ESIC)
-
Total Cost
USD 50,000,000.00
Country Counterpart Financing
USD 0.00
Original Amount Approved
USD 50,000,000.00