Company name
Banca Promérica S.A.
Project number
CR3882A-01
N/A
E&S category
N/A
Country
Costa Rica
Sector
Financial Institutions
Status
Inactive
Disclosed date
08/10/2007
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
09/11/2007
Approval date
09/11/2007
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
N/A
Investment type
Syndicated amount
N/A
Financing amount
USD $ 30,000,000
Currency
USD
Project scope and objective
The proposed project consists of a long-term loan of up to US$3 million to Banca Promérica. The loan proceeds will be used to finance small and medium-size Costa Rican enterprises that require medium- and long-term funds to finance expansions, the acquisition of fixed assets or machinery, or working capital, as well as financing low-middle and middle income mortgage loans.
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Request informationLearn more about how we provide private-sector solutions in the region .
Contact information
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Request informationAlternatively, you may also use the following contact information :
Client Contact
N/A
PHONE NUMBER
N/A
POST OFFICE ADDRESS
N/A
IDB Invest Contact
requestinformation@idbinvest.org
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesFor inquiries, comments and information requests about the project
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Environmental and social review
IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.
ENVIRONMENTAL AND SOCIAL REVIEW
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