PROJECT

Projects

Summary of Investment Information

Project Number

49865

Company Name

BANCO MULTIPLE BHD SA

Date SPI Disclosed

Oct 21, 2025

Country

Dominican Republic

Region

Latin America and the Caribbean

Projected Board Date

Dec 1, 2025

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Dec 24, 2025

Department

CF6L1 - Regional Industry FIG LAC & EUR/FIG LAC 1 Mex, CA & Caribbean

Industry

Financial Markets

Previous Events

Approved : Dec 3, 2025
Signed : Dec 15, 2025
Invested : Dec 19, 2025

Sector

Commercial Banking - General

Project Description

  The proposed investment (the Project) consists of a ten-year subordinated loan financing package of up to US$125 million to Banco Multiple BHD, S.A. (BHD or the Bank). The package consists of a subordinated “C” loan of up to US$75 million, of which up to US$25 million will be supported by private credit insurance, and a “B” loan of up to US$50 million. BHD, a long-term IFC client, is the second largest private commercial bank in the DR. It provides financial services to businesses and individuals and has broad national coverage, reaching close to one million clients. The funds will be provided in up to two commitments, with the US$50 million “B” loan to be committed within one month of the initial commitment. BHD will use 100 percent of the proceeds to support the growth of its climate-related loan portfolio, financing climate mitigation and adaptation efforts.             

Associated Advisory Engagement

  A potential climate finance advisory engagement with Banco Multiple BHD, S.A. will support the Bank in expanding and diversifying its operations in climate finance.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation