PROJECT

Projects

Summary of Proposed Investment

Project Number

30462

Company Name

Banco General S.A.

Date SPI Disclosed

Apr 20, 2011

Country

Panama

Industry

Financial Markets

Projected Board Date

May 23, 2011

Status

Completed

Sector

Commercial Banking - Housing Finance

Department

Global Industry, Financial Markets

Environmental Category

C - No Impact

Previous Events

Approved : Jun 13, 2011
Signed : Aug 11, 2011
Invested : Feb 14, 2012

Project Description

The proposed project consists of a credit line of up to $50 million for up to 7 years to Banco General to be used to fund lending activity in the low income mortgage sector.

Sponsor / Cost / Location

Development Impact