Bancredito SME Financing Partnership
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

Country

Costa Rica

Project Number

CR-L1068

Approval Date

December 17, 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 and Social Impact Category (ESIC)

-

Total Cost

USD 10,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 10,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
3141A/OC-CR-1 Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
3141A/OC-CR-2 Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
Operation Number 3141A/OC-CR-1
  • 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 3141A/OC-CR-2
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing

Can’t find a document? Request information

 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1203104048-23143
Environmental and Social Management Reports
ESMR - Bancredito MSME Financing Partnership [38332245].PDF
Dec. 19, 2013
English
https://www.iadb.org/document.cfm?id=EZSHARE-1203104048-23144
Project Abstract
Project Abstract_ Bancredito_SME_Financing_Partnership [37721772].PDF
Apr. 26, 2013
English

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