PROJECT

Projects

Summary of Investment Information

Project Number

33629

Company Name

BANCOP S.A.

Date SPI Disclosed

Feb 11, 2014

Country

Paraguay

Region

Latin America and the Caribbean

Projected Board Date

Mar 12, 2014

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Global Industry, Financial Markets

Industry

Financial Markets

Previous Events

Approved : Mar 20, 2014
Signed : May 29, 2014
Invested : Sep 11, 2014

Sector

Commercial Banking - General

Project Description

The project consists of supporting the set up and growth of Bancop S.A. (the “Bank” or “Bancop”), with the primary objective of contributing to increase access to finance for Paraguay’s farmers and agribusiness small and medium enterprises (“SMEs”).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation