PROJECT

Projects

Summary of Proposed Investment

Project Number

26035

Company Name

Grupo Mundial Tenedora, S.A.

Date SPI Disclosed

Jun 11, 2007

Country

Panama

Industry

Financial Markets

Projected Board Date

Jul 26, 2007

Status

Completed

Sector

Composite Insurance (Life and Non-life)

Department

Global Industry, Financial Markets

Environmental Category

C - No Impact

Previous Events

Approved : Jul 26, 2007
Signed : Aug 7, 2007
Invested : Sep 28, 2007

Project Description

Grupo Mundial Tenedora S.A. (Grupo Mundial or the Group) is a financial conglomerate with insurance and banking operations throughout Central America (including Panama, Guatemala, El Salvador, Nicaragua and Honduras) and Colombia. The Group’s main subsidiaries are Aseguradora Mundial S.A. (Aseguradora Mundial) and Banco Panameño de la Vivienda S.A. (Banvivienda).

The proposed project is aimed at further supporting the Group’s operations and expansion plans by providing financing for the already-launched insurance and banking regional expansion in Central America and the Andean Region and for future acquisitions.

Sponsor / Cost / Location

Development Impact