PROJECT

Projects

Summary of Investment Information

Project Number

40922

Company Name

BANCO MULTIPLE BHD SA

Date SPI Disclosed

Mar 16, 2018

Country

Dominican Republic

Region

Latin America and the Caribbean

Projected Board Date

Apr 16, 2018

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Oct 19, 2024

Department

CF1S7 - Regional Industry - FIG LAC/FIG Inv Ops - CLA

Industry

Financial Markets

Previous Events

Approved : May 11, 2018
Signed : May 28, 2018
Invested : Jul 3, 2018

Sector

Commercial Banking - General

Project Description

    The proposed project will provide Banco Múltiple BHD León, S.A. (“BHDL” or “The Bank”), an up to 5-year senior loan and an up to 10-year subordinated debt for the growth of the Bank’s small and medium enterprise (“SME”) portfolio for an amount of up to US$50 million. The subordinated loan will be structured to qualify as Tier II capital under Dominican regulations.                                                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation