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

Country

Chile

Project Number

CH-L1065

Approval Date

December 13, 2011

Project Status

Closed

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

CAPITAL MARKET DEVELOPMENT

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental Classification

-

Total Cost

USD 50,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 50,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2674A/OC-CH Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
Operation Number 2674A/OC-CH
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing

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 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1974818048-11
Technical Cooperation Agreement
Chile_ Loan 2674A_OC-CH to Banco BICE S_A_ for the Access2services Pilot Facility [36549583].PDF
May. 16, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-1974818048-12
Technical Cooperation Agreement
Chile_ Préstamo 2674A_OC-CH a Banco BICE S_A [36549565].PDF
May. 16, 2014
Spanish
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-129299507-3
Environmental and Social Management Reports
Environmental and Social Management Report_ Banco Bice - Access2services [36512562].PDF
Nov. 11, 2011
English
https://www.iadb.org/document.cfm?id=EZSHARE-129299507-2
Project Abstract
Project Abstract - Banco Bice - Access2Services [36302470].PDF
Jul. 25, 2011
English
https://www.iadb.org/document.cfm?id=EZSHARE-129299507-4
Environmental and Social Strategies
Environmental and Social Strategy (ESS) - Banco BICE (Chile) - Access2Services [36295656].PDF
Jul. 25, 2011
English

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