PROJECT

Projects

Summary of Investment Information

Project Number

32964

Company Name

BANCO DAVIVIENDA SALVADORENO SA DE CV

Date SPI Disclosed

Nov 8, 2013

Country

El Salvador

Region

Latin America and the Caribbean

Projected Board Date

Dec 9, 2013

Environmental Category

FI-1 - Significant

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Global Industry, Financial Markets

Industry

Financial Markets

Previous Events

Approved : Mar 18, 2014
Signed : Mar 28, 2014
Invested : May 8, 2014

Sector

Commercial Banking - General

Project Description

The project consists of a loan of up to US$50 million to Banco Davivienda Salvadoreño (the Bank), a subsidiary of Banco Davivienda S.A.for on-lending to SMEs, low and middle income mortgages and Renewable Energy/Energy Efficiency projects.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation