Banco Promerica Guatemala -TFFP

The main objective of the transaction is to support trade finance activities in the Region. Banco Promerica joins the TFFP program as part of the Small Banks initiative program, an initiative that contemplates help small banks that usually don't have access to financing or that have not established any relationship with external banks, to develop that relationship and help develop the international trade among the SMEs on the region, as they are the banks closer to them.

Project Detail

Country

Guatemala

Project Number

GU-L1066

Approval Date

March 4, 2011

Project Status

Closed

Project Type

Loan Operation

Sector

TRADE

Subsector

TRADE ADJUSTMENT ASSISTANCE

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

TFP (Trade Finance Facilitation Guarantee)

Facility Type

Environmental and Social Impact Category (ESIC)

Total Cost

USD 3,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 3,000,000.00