PROJECT

Projects

Summary of Investment Information

Project Number

42398

Company Name

Banco Agromercantil de Guatemala S.A.

Date SPI Disclosed

May 3, 2019

Country

Guatemala

Region

Latin America and the Caribbean

Projected Board Date

Jun 13, 2019

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Jan 30, 2025

Department

Regional Industry - FIG LAC

Industry

Financial Markets

Previous Events

Approved : Jun 11, 2019
Signed : Jul 8, 2019
Invested : Jul 10, 2019

Sector

Commercial Banking - SME Finance

Project Description

 The proposed investment in Banco Agromercantil de Guatemala S.A. (“BAM” or “the Bank”), the fourth largest commercial bank in Guatemala, consists of a senior financing package of up to US$225 million to support the growth of the Bank’s small and medium-sized enterprises (“SMEs”) and housing loan portfolios.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation