The transaction will allow the IDB to provide long-term financing to the corporate and small and medium-enterprise sectors, a key element to help the Dominican Republic achieve a sustainable rate of economic growth. It is also envisioned that a portion of the senior loan may be used for a green initiative to convert BHD¿s electrical back-up system to a clean energy source, with a technical assistance from its Sustainable Energy and Climate Change Initiative.
The subordinated loan will be structured in order to meet the criteria for treatment as Tier II capital by the country¿s banking regulator.

Project Detail

Country

Dominican Republic

Project Number

DR-L1038

Approval Date

December 7, 2009

Project Status

Closed

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

CAPITAL MARKET DEVELOPMENT

Lending Instrument

BID Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental Classification

-

Total Cost

USD 70,000,000.00

Country Counterpart Financing

USD 52,500,000.00

Original Amount Approved

USD 17,500,000.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2261A/OC-DR-1 Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
2261A/OC-DR-2 Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
Operation Number 2261A/OC-DR-1
  • 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 2261A/OC-DR-2
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing

Can’t find a document? Request information

 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1549130805-826
Project Abstract
Banco BHD Lending Facility [2259963].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-1549130805-824
Environmental and Social Strategies
Banco BHD Lending Facility [2257812].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-1549130805-825
Environmental and Social Management Reports
Banco BHD Lending Facility [2257790].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-333448747-2
Project Abstract
Banco BHD Lending Facility [2002009].PDF
Dec. 31, 1999
English
https://www.iadb.org/document.cfm?id=EZSHARE-1549130805-827
Environmental and Social Strategies
Banco Hipotecario de Vivienda [1961156].PDF
Dec. 31, 1999
English

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