PROJECT

Projects

Summary of Investment Information

Project Number

50962

Company Name

Banco Aliado S.A.

Date SPI Disclosed

Nov 19, 2025

Country

Panama

Region

Latin America and the Caribbean

Projected Board Date

Oct 30, 2025

Environmental Category

FI-3 - No Impact

Status

Pending Disbursement

Last Updated Date

Feb 11, 2026

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Nov 11, 2004
Signed : Dec 16, 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$30 million for Banco Aliado, S.A. (Banco Aliado 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 the Bank in Panama.                                              

                                                  

Associated Advisory Engagement

                          

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation