Scotiabank Costa Rica Downscaling Finance Line
The proposed transaction entails up to US$50 million of long-term financing to Scotiabank, consisting of up to US$40 million in a senior A-loan with a tenor of up to five years. The use of proceed will allow Scotiabank to increase its mortgage and SME loan portfolios.

Project Detail

Country

Costa Rica

Project Number

CR-L1061

Approval Date

May 29, 2013

Project Status

Closed

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental Classification

-

Total Cost

USD 97,500,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 40,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2938A/OC-CR Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
2938B/OC-CR Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
2938B/OC-CR-1 Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
2938B/OC-CR-2 Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
Operation Number 2938A/OC-CR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing
Operation Number 2938B/OC-CR
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing
Operation Number 2938B/OC-CR-1
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing
Operation Number 2938B/OC-CR-2
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1218082009-983
Agreement - Financial Closing - SCF
Scotiabank Costa Rica Downscaling Partnership [37740340].PDF
Jan. 21, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-1218082009-986
Agreement - Financial Closing - SCF
Asociación para la Adaptación de los Servicios de Scotiabank Costa Rica a Segmentos de Menor Escala [37740343].PDF
Jan. 21, 2015
Spanish
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1218082009-984
Environmental and Social Management Reports
ESMR - Scotiabank Costa Rica Downscaling Finance Line [37455885].PDF
Feb. 13, 2013
English
https://www.iadb.org/document.cfm?id=EZSHARE-1218082009-985
Environmental and Social Strategies
Scotiabank Costa Rica (CR-L1061) - Environmental Social Strategy - ESS [37067944].PDF
Aug. 28, 2012
English
https://www.iadb.org/document.cfm?id=EZSHARE-296895917-423
Project Abstract
Scotiabank Costa Rica (CR-L1061) - Project Abstract [37067948].PDF
Aug. 28, 2012
English

Have an Environmental or Social issue related to IDB projects? File a Complaint