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PN-L1102 : Banco General Housing Financing Partnership

Project Status: Closed

The proposed Partnership seeks to increase the availability of residential financing to support Panama¿s low and middle income first-time homebuyers¿ families. IDB will join efforts with Banco General (¿BG¿) to provide financing to this segment, thus promoting social development and improving living conditions of low and middle income families.

Project Detail

Project Number
PN-L1102
Project Country
Panama
Project Sector
FINANCIAL MARKETS
Project Subsector
FINANCIAL INCLUSION
Project Type
Loan Operation
Project Lending Type
NSG
Project Modality
PSL (Private Sector Loan)
Project Facility Type
Project Status
Closed
Operation Number
3245/CH-PN

Financial Information

Project Number
PN-L1102
Project Status
Closed

IDB Financing

Financing type
PSL
Fund
China Co-Financing Fund for Latin Americ
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
Dec/05/2014
Operation Number
3245B/OC-PN

Financial Information

Project Number
PN-L1102
Project Status
Closed

IDB Financing

Financing type
PAR
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Contract signature date
Dec/05/2014
Operation Number
3245A/OC-PN

Financial Information

Project Number
PN-L1102
Project Status
Closed

IDB Financing

Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jul/18/2023

Roles & Responsibilities

Contract signature date
Dec/05/2014

Project Information

Total Cost
USD 100,000,000
Country counterpart financing
USD 0
Amount
USD 75,000,000

Preparation

Title
Type
Project Number
Date Published
Environmental & Social Management Reports
PN-L1102
May 30, 2014
Environmental & Social Strategies
PN-L1102
April 10, 2014

Approved

Title
Type
Project Number
Date Published
Agreement - Financial Closing - SCF
3245A/OC-PN;3245B/OC-PN;PN-L1102
July 03, 2014
Agreement - Financial Closing - SCF
3245A/OC-PN;3245B/OC-PN;PN-L1102
July 03, 2014