PROJECT

Projects

Summary of Investment Information

Project Number

32965

Company Name

Banco Davivienda (Costa Rica) S.A.

Date SPI Disclosed

Sep 11, 2014

Country

Costa Rica

Region

Latin America and the Caribbean

Projected Board Date

Oct 15, 2014

Environmental Category

FI-1 - Significant

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Global Industry, Financial Markets

Industry

Financial Markets

Previous Events

Approved : Dec 18, 2014
Signed : Mar 6, 2015
Invested : Apr 22, 2015

Sector

Commercial Banking - General

Project Description

The project consists of a loan of up to US$50 million to Banco Davivienda (Costa Rica), S.A. (the “Bank”), 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