The main objective of the transaction is to support trade finance activities in the Region. Banco Cathay joins the TFFP program as part of the Small Banks initiative program, an initiative that contemplates help small banks that usually don't have acces to financing or that have not established any relationship with external banks, to develop that relationship and help develop the international trade among the SMEs on the regio, as they are the banks closer to them.
Project Detail
Country
Costa Rica
Project Number
CR-L1050
Approval Date
December 9, 2010
Project Status
Closed
Project Type
Container
Sector
TRADE
Subsector
TRADE ADJUSTMENT ASSISTANCE
Lending Instrument
-
Lending Instrument Code
-
Modality
Facility
Facility Type
Trade Financing Facility
Environmental Classification
-
Total Cost
USD 2,000,000.00
Country Counterpart Financing
USD 0.00
Original Amount Approved
USD 2,000,000.00