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CR-L1068 : Bancredito SME Financing Partnership
Project Status: Closed
The project¿s objective is threefold: (i) strengthen Bancredito¿s capital adequacy and improve the efficiency in the use of capital by granting a subordinated loan which qualifies as Tier II under the Costa Rica regulation; (ii) improve the liquidity and maturity match of the bank; and (iii) finance Bancredito¿s portfolio growth in the SME segment, looking to achieve a positive economic and social impact, given the obstacles to access financing encountered by the SME segment in the Costa Rica.
Project Detail
Project Number
CR-L1068
Project Country
Costa Rica
Project Sector
FINANCIAL MARKETS
Project Subsector
BANKING MARKET DEVELOPMENT
Project Type
Loan Operation
Project Lending Type
NSG
Project Modality
PSL (Private Sector Loan)
Project Facility Type
Project Status
Closed
Operation Number
3141A/OC-CR-1
Financial Information
Project Number
CR-L1068
Project Status
Closed
IDB Financing
Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023
Roles & Responsibilities
Contract signature date
Feb/24/2015
Operation Number
3141A/OC-CR-2
Financial Information
Project Number
CR-L1068
Project Status
Closed
IDB Financing
Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023
Roles & Responsibilities
Contract signature date
Feb/24/2015
Project Information
Total Cost
USD 10,000,000
Country counterpart financing
USD 0
Amount
USD 10,000,000
Preparation
Title
Type
Project Number
Date Published
Environmental & Social Management Reports
CR-L1068
December 19, 2013
Project Abstract
CR-L1068
April 22, 2013
Procurement Information
DATA ACCESS AND LICENSING
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