PROJECT

Projects

Summary of Investment Information

Project Number

35813

Company Name

Banco Bolivariano C.A.

Date SPI Disclosed

Nov 20, 2014

Country

Ecuador

Region

Latin America and the Caribbean

Projected Board Date

Dec 22, 2014

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry - FIG LAC

Industry

Financial Markets

Previous Events

Approved : Dec 22, 2014
Signed : Dec 23, 2014
Invested : Feb 18, 2015

Sector

Commercial Banking - General

Project Description

The proposed transaction aims to support Banco Bolivariano in Ecuador (“the Bank” or “Bolivariano”) through a senior loan which would facilitate resources for existing operations and expansion of its lending to small and medium enterprises (SMEs).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation