Banco Pichincha Lending Facility
To help Banco Pichincha diversify its financing sources; extend financing tenors and access international financial markets. IDB resources could be complemented with a syndicated loan estimated in up to US$25 million from commercial banks.

Project Detail

Country

Ecuador

Project Number

EC-L1061

Approval Date

May 14, 2008

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 72,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 50,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
1985A/OC-EC Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
1985B/OC-EC Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
Operation Number 1985A/OC-EC
  • 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 1985B/OC-EC
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing