PROJECT

Projects

Summary of Investment Information

Project Number

44205

Company Name

Banco Davivienda (Costa Rica) S.A.

Date SPI Disclosed

Jun 22, 2020

Country

Costa Rica

Region

Latin America and the Caribbean

Projected Board Date

Jun 22, 2020

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Sep 12, 2025

Department

Regional Industry - FIG LAC

Industry

Financial Markets

Previous Events

Approved : Jun 29, 2020
Signed : Jun 9, 2021
Invested : Jun 30, 2021

Sector

Commercial Banking - Trade and Supply Chain

Project Description

 The proposed investment consists of a one-year, renewable senior loan to Banco Davivienda (Costa Rica) S.A. under the FIG COVID-19 Emergency Response WCS Envelope (“WCS Envelope”). The WCS Envelope is designed to provide funding to existing IFC client banks in emerging markets that will then extend new trade-related or working capital loans to companies whose cash flows have been disrupted by the global outbreak of the coronavirus pandemic.                                                   

Associated Advisory Engagement

 This project does not include Associated Advisory Services.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation