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CO-T1628 : Strategic and operational strengthening of the National Guarantee Fund of Colombia

Project Status: Implementation

The general objective of the program is to contribute to the access to credit of companies in Colombia through the institutional strengthening of the National Guarantee Fund (FNG), in a context of economic recovery characterized by the effects of the COVID-19 pandemic. The specific objectives are the strengthening of the FNG's governance system as a basis for better risk management, the inclusion of best practices and guidelines in terms of guarantee collection and portfolio recovery schemes.

Project Detail

Project Number
CO-T1628
Approval date
September 24, 2021
Project Country
Colombia
Project Sector
FINANCIAL MARKETS
Project Subsector
CAPITAL MARKET DEVELOPMENT
Project Type
Technical Cooperation
Environmental and social impact category
C
Project Status
Implementation
Operation Number
ATN/OC-18839-CO

Financial Information

Project Number
CO-T1628
Project Status
Implementation

IDB Financing

Financing type
TCN
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
May/27/2022

Roles & Responsibilities

Contract signature date
Sep/24/2021

Project Information

Total Cost
USD 360,000
Country counterpart financing
USD 60,000
Amount
USD 300,000

Preparation

Title
Type
Project Number
Date Published
TC Abstract
CO-T1628
April 13, 2022

Approved

Title
Type
Project Number
Date Published
TC Document
CO-T1628
December 22, 2021
TC Document
CO-T1628
October 29, 2021

Implementation

Title
Type
Project Number
Date Published
Specific Procurement Notices
CO-T1628
January 25, 2022
Specific Procurement Notices
CO-T1628
January 25, 2022
BEO Procurement
CO-T1628
January 20, 2022