December 3, 2020
IDB Invest, the private sector division of the Inter-American Development Bank (IDB), said Wednesday that it supplied $25 million in financing for Peruvian lender BanBif to increase lending to medium-sized companies and green projects.
Along with the 12-year subordinated loan, IDB Invest said it will give "technical assistance to support the green financing development strategy for BanBif's most important sectors."
According to guidelines from the environment ministry, Peru's banks are expected
IDB's private sector division supplies $25 mln for the Peruvian bank to finance medium-sized companies and green projects