Displaying items by tag: IDB Invest

IDB Invest grants a $60 million loan to BAC Credomatic El Salvador through a B Loan mobilized with a lender (Banco de Santander S.A.). The disbursement complements an initial $60 million A Loan, signed in 2020, and will expand financing to small and medium-sized enterprises (SMEs) and women-led SMEs through BAC Credomatic El Salvador's Mujer Acelera program.

The IDB Group, through its private sector arm, IDB Invest, and its innovation lab, IDB Lab, has joined forces with the Government of Israel to empower climate-smart agribusiness in Latin America and the Caribbean (LAC).

IDB Invest grants $70 million in financing to Bancoagrícola de El Salvador. The 10-year transaction seeks to boost the growth of the portfolios of small and medium-sized enterprises (SMEs), women-led SMEs, and green loans related to climate change mitigation, which will allow Bancoagrícola to solidify its strategy and specialized offerings in these segments.

Grupo Promerica will participate in the 21st edition of the Sustainability Week of IDB Invest, the private sector investment area of the Inter-American Development Bank Group, which brings together 47 member countries around the world.