Partial Guarantee Banco de Comercio Mortgage Bond

IDB partial credit guarantee ("PCG") of up to US$20 million (40 of the Bond Issue) whose proceeds will contribute to the funding of Banco de Comercio's mortgage lending program.

Project Detail

Country

El Salvador

Project Number

ES0163

Approval Date

December 8, 2004

Project Status

Cancelled

Project Type

Guarantee

Sector

Subsector

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PCG (Partial Credit Guarantee)

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 20,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 20,000,000.00

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