Project Summary
On June 30 2020, The Multilateral Investment Guarantee Agency (MIGA), a member of the World Bank Group, has issued guarantees on a two-year USD 400 million loan provided by JPMorgan Chase Bank,...
MIGA helped Bancóldex tap international credit markets and get loans at favorable rates, giving it more capital to back loans to small businesses that are struggling to stay afloat during the pandemic.
Project Description
On June 30, 2020, MIGA issued a guarantee for up to US$47.5 million to cover a non-shareholder loan from the OPEC Fund for International Development (The OPEC Fund) to Banco Davivienda S.A. (Davivienda)...
JP Morgan Chase, Banco Santander, Banco BBVA y otras entidades apoyan el programa de Bancóldex para fortalecer la resiliencia de las microempresas y pymes frente a la crisis causada por el coronavirus (COVID-19).
JP Morgan Chase, Banco Santander, BBVA and others support Colombia’s Business Development Bank (Bancóldex) program to strengthen resilience of MSMEs in face of COVID-19 crisis.
Project description
This summary covers a non-shareholder loan from the OPEC Fund for International Development (OFID) to Banco Davivienda S.A. (Davivienda), one of the largest commercial banks in Colombia. The...
Project Description
This summary covers an application made by Banco de Comercio Exterior de Colombia S.A. (Bancoldex) to cover a proposed lending facility to be provided to Bancoldex by a group of lenders yet...