To improve its capacity to access funding over one year with correspondent banks to increase its trade finance activities, in line with the IDB's commitment to supporting intra-regional trade among Central American, South American and the Caribbean economies. The incorporation of Banco General into the TFFP will constitute the first step towards the establishment of a solid business relationship that could yield significant business opportunities in the context of the NSG mandate.

Project Detail

Country

Panama

Project Number

PN-L1039

Approval Date

October 17, 2008

Project Status

Closed

Project Type

Loan Operation

Sector

TRADE

Subsector

TRADE ADJUSTMENT ASSISTANCE

Lending Instrument

IDB Invest

Lending Instrument Code

IIC

Modality

TFP (Trade Finance Facilitation Guarantee)

Facility Type

-

Environmental Classification

-

Total Cost

USD 40,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 40,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2071/OC-PN Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
Operation Number 2071/OC-PN
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing