PROJECT

Projects

Summary of Investment Information

Project Number

51375

Company Name

BANCO MULTIPLE BHD SA

Date SPI Disclosed

Jul 9, 2025

Country

Dominican Republic

Region

Latin America and the Caribbean

Projected Board Date

Aug 8, 2025

Environmental Category

FI-3 - No Impact

Status

Pending Disbursement

Last Updated Date

Mar 5, 2026

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Nov 11, 2004
Signed : Mar 24, 2025

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 Múltiple BHD, S.A. (Banco BHD 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 Dominican Republic.                                                 

                                                   

Associated Advisory Engagement

                              

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation