RG-L1066 : Banco Itau BBA (Bahamas) TFFP - TFFP A Loan
Project Status: Closed
The loan would support Itau BBA in providing financing to companies conducting eligible trade finance operations in the LAC region, mainly in Brazil, Argentina, Chile, Colombia, Paraguay, Uruguay and Peru, that are customers of Itau BBA, its subsidiaries, affiliates, rep offices or branches. For this purpose, the loan will be granted to Itau BBA's Nassau branch, which acts as this bank's booking entity for trade finance transactions throughout the LAC region, given Brazil's regulatory constraints on cross-border and foreign currency financing.
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