Banco General

To support Banco General to meet the projected growth of its long-term core business, mortgage origination, and thereby increase the availability of housing finance in Panama for medium- and low-income individuals. By supporting this key sector, the IDB would contribute to close the housing gap estimated by the government at 160,000 units for the low-and-middle-income segments.

Project Detail

Country

Panama

Project Number

PN-L1035

Approval Date

November 19, 2008

Project Status

Implementation

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

BANKING MARKET DEVELOPMENT

Lending Instrument

IDB Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

Environmental Classification

Total Cost

USD 85,000,000.00

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
2059A/OC-PN	Non-Sovereign Guaranteed	USD - United States Dollar	Jun. 30, 2024	Dec. 9, 2008	Ordinary Capital	Private Sector Financing
2059B/OC-PN	Non-Sovereign Guaranteed	USD - United States Dollar	Jul. 22, 2024	Dec. 9, 2008	Ordinary Capital	Participant Financing

Operation Number

2059A/OC-PN

Lending Type: Non-Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Jun. 30, 2024
Signed Date: Dec. 9, 2008
Fund: Ordinary Capital
Financial Instrument: Private Sector Financing

Operation Number

2059B/OC-PN

Lending Type: Non-Sovereign Guaranteed
Reporting Currency: USD - United States Dollar
Reporting Date: Jul. 22, 2024
Signed Date: Dec. 9, 2008
Fund: Ordinary Capital
Financial Instrument: Participant Financing

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