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El Salvador Project Notice - Banco Agricola: Loan To Expand Financing With Focus On Impact In El Salvador


Project Notice

PNR 71435
Project Name Banco Agricola: Loan to Expand Financing with Focus on Impact in El Salvador
Project Detail The financing consists of a senior, unsecured, A/B loan of up to US$150 million to Banco Agrícola, S.A. (Banco Agrícola or the Bank), with a term of up to five years, including an up to two-year grace period (the Project). The Project includes: (i) an A Loan of up to US$40 million financed by IDB Invest (the “A Loan”); (ii) an A Loan of up to US$10 million from a Blended Finance component provided by funds managed by IDB Invest (the Blended Finance Loan); and (iii) one or more B Loans related to the IDB Invest A Loan of approximately US$100 million to be funded by various commercial lenders (the IDB Invest B Loan). The Project aims to: (i) provide long-term financing; and (ii) increase funding for Small and Medium-Sized Enterprises (SMEs) and the Banks green portfolio.
Funded By Inter-American Development Bank (IADB)
Sector Banking & Finance
Country El Salvador , Central America
Project Value USD 40,000,000

Contact Information

Company Name Banco Agricola, S.A.
Address requestinformation@idbinvest.org PHONE +1(202)-566-4566 ADDRESS 1350 New York Ave NW, Washington, DC 20005

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