PROJECT

Projects

Summary of Investment Information

Project Number

49777

Company Name

BANCO DE AMERICA CENTRAL S.A.

Date SPI Disclosed

Jul 23, 2024

Country

El Salvador

Region

Latin America and the Caribbean

Environmental Category

FI-3 - No Impact

Status

Pending Disbursement

Last Updated Date

Nov 19, 2025

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Nov 11, 2004
Signed : Mar 15, 2024

Sector

Commercial Banking - Trade

Project Description

 The proposed project is an unfunded trade finance facility under IFC’s Global Trade Finance Program (“GTFP”) of up to US$40 million for Banco de America Central, S.A. (“BAC ES” or “the Bank”).

The trade line will support the Bank’s short-term trade finance transactions by offering confirming banks partial or full guarantees to cover payment risk of BAC in El Salvador. 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation