PROJECT

Projects

Summary of Investment Information

Project Number

42526

Company Name

BANCO FINANDINA SA

Date SPI Disclosed

Apr 11, 2019

Country

Colombia

Region

Latin America and the Caribbean

Projected Board Date

May 20, 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 : May 29, 2019
Signed : May 31, 2019
Invested : Sep 30, 2019

Sector

Commercial Banking - SME Finance

Project Description

 The proposed investment consists of a senior loan to Banco Finandina S.A. (“Finandina”, or the “Bank”), to support Finandina’s lending operations to small and medium size enterprises (SMEs) in Colombia and or to expand the Bank’s loan origination through digital channels.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation