Banco Múltiple Santa Cruz S.A. - TFFP
The projects consists in creating an uncommitted TFFP credit line for up to USD 5 million and for a tenor of up to one year (both parameters subject to change according to the results of the due diligence) to Banco Múltiple Santa Cruz S.A in the Dominican Republic, in order to support the development of the export/import finance activities of the bank in the framework of SCF/FMK¿s TFFP program.

Project Detail

Country

Dominican Republic

Project Number

DR-X1008

Approval Date

December 4, 2012

Project Status

Implementation

Project Type

Container

Sector

TRADE

Subsector

TRADE FACILITATION, TRADE LOGISTICS AND CUSTOMS

Lending Instrument

-

Lending Instrument Code

-

Modality

Facility

Facility Type

Trade Financing Facility

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 5,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 5,000,000.00