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

Country

Panama

Project Number

PN-L1102

Approval Date

July 3, 2014

Project Status

Closed

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

FINANCIAL INCLUSION

Lending Instrument

IDB Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental Classification

-

Total Cost

USD 100,000,000.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 75,000,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
3245/CH-PN Non-Sovereign Guaranteed USD - United States Dollar China Co-Financing Fund for Latin Americ Private Sector Financing
3245A/OC-PN Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
3245B/OC-PN Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
Operation Number 3245/CH-PN
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: China Co-Financing Fund for Latin Americ
  • Financial Instrument: Private Sector Financing
Operation Number 3245A/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
Operation Number 3245B/OC-PN
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-844567481-17
Agreement - Financial Closing - SCF
Panama_ Banco General Housing Financing Partnership_ China Co-Financing Fund for Latin America and the Caribbean [38814451].PDF
Feb. 02, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-844567481-11
Agreement - Financial Closing - SCF
Panamá_ Préstamo 3245_OC-PN a Banco General Panamá, S_A_ [38844641].PDF
Feb. 02, 2015
Spanish
https://www.iadb.org/document.cfm?id=EZSHARE-844567481-12
Agreement - Financial Closing - SCF
Panama_ Loan 3245_OC-PN to Banco General Panamá, S_A_ [38814202].PDF
Feb. 02, 2015
English
https://www.iadb.org/document.cfm?id=EZSHARE-844567481-13
Agreement - Financial Closing - SCF
Panamá_ Alianza con Banco General para el Financiamiento de Viviendas_Fondo Chino de Co-Financiamiento para Amér [38844515].PDF
May. 06, 2015
Spanish
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-844567481-15
Environmental and Social Management Reports
Banco General Housing Partnership - ESMR [38832117].PDF
Jun. 02, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-844567481-16
Project Abstract
Banco General Housing Finance Partnership - Project Abstract [38730725].PDF
Apr. 10, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-844567481-14
Environmental and Social Strategies
Banco General Housing Finance Partnership - ESS [38730731].PDF
Apr. 10, 2014
English

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