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DR-L1038 : BHD Bank Lending Facility
Project Status: Closed
The transaction will allow the IDB to provide long-term financing to the corporate and small and medium-enterprise sectors, a key element to help the Dominican Republic achieve a sustainable rate of economic growth. It is also envisioned that a portion of the senior loan may be used for a green initiative to convert BHD¿s electrical back-up system to a clean energy source, with a technical assistance from its Sustainable Energy and Climate Change Initiative. The subordinated loan will be structured in order to meet the criteria for treatment as Tier II capital by the country¿s banking regulator.
Project Detail
Project Number
DR-L1038
Project Country
Dominican Republic
Project Sector
FINANCIAL MARKETS
Project Subsector
CAPITAL MARKET DEVELOPMENT
Project Type
Loan Operation
Project Lending Type
NSG
Project Modality
PSL (Private Sector Loan)
Project Facility Type
Project Status
Closed
Operation Number
2261A/OC-DR-2
Financial Information
Project Number
DR-L1038
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
May/04/2011
Operation Number
2261A/OC-DR-1
Financial Information
Project Number
DR-L1038
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
May/04/2011
Project Information
Total Cost
USD 70,000,000
Country counterpart financing
USD 52,500,000
Amount
USD 17,500,000
Preparation
Title
Type
Project Number
Date Published
Environmental & Social Management Reports
DR-L1038
November 16, 2009
Environmental & Social Strategies
DR-L1038
November 16, 2009
Environmental & Social Strategies
DR-L1038
April 23, 2009

