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EC-X1008 : Contingent Loan for Natural Disaster Emergencies

Project Status: Closed

The objective of this operation is to support Ecuador institute more effective financial risk management of natural disasters. The contingent loan, a fast-disbursing, flexible, ex ante financial instrument, will make available to the country US$100 millions to cover emergency expenditures in the event of a severe or catastrophic natural disaster.

Project Detail

Project Number
EC-X1008
Project Country
Ecuador
Project Sector
FINANCIAL MARKETS
Project Subsector
BANKING MARKET DEVELOPMENT
Project Type
Container
Project Lending Type
SG
Project Modality
Facility
Project Facility Type
CCF (Contingent Credit Financing for Natural Disasters)
Project Status
Closed

Project Information

Total Cost
USD 100,000,000
Country counterpart financing
USD 0
Amount
USD 100,000,000

Preparation

Title
Type
Project Number
Date Published
Project Profile
EC-X1008
August 31, 2011

Approved

Title
Type
Project Number
Date Published
Loan Contract
EC-X1008;EC-X1014
December 18, 2014
Loan Contract
EC-X1008;EC-X1014
December 18, 2014
Loan Proposal
3670/OC-EC;EC-L1216;EC-X1008;EC-X1014
December 11, 2014
Loan Proposal
3670/OC-EC;EC-L1216;EC-X1008;EC-X1014
July 16, 2013
Loan Contract
EC-X1008
February 01, 2012
Loan Proposal
CR-X1010;DR-X1003;EC-X1008;HO-X1016;PE-X1006;PN-X1007
January 03, 2012
Loan Proposal
EC-X1008
November 10, 2011