Banco Aliado, S.A.
FI-2 operations are those where the risk potential is considered medium: the FI’s current or future portfolio consists of or is expected to consist of, business activities that have potential limited adverse environmental or social risks or impacts that are few in number, generally site-specific, largely reversible, and readily addressed through mitigation measures; or includes a very limited number of business activities with potential adverse environmental or social risks or impacts that are diverse, irreversible, or unprecedented.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
Balevich Macarenko, Anna
USD $ 50,000,000
Project scope and objective
The proposed financing involves a subordinate unsecured loan of up to US$50 million to Banco Aliado, S.A. (“Banco Aliado” or the “Bank”). The loan aims to support Banco Aliado’s capital position and expanding the access of Panamanian small and medium-sized enterprises (SMEs) and women-led SMEs to financing products.
For inquiries, comments and information requests about the projectRequest information
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Raymond Duarte Sandoval
Treasury Vice President, Correspondent Banking and Financial Planning
IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005