Banco Popular gets trade finance line from IDB Invest

Banco Popular gets trade finance line from IDB Invest

Corporate & Sovereign Strategy IDB Invest Economy & Policy Loans Dominican Republic Capital Markets

IDB Invest, the private-sector lender for the Inter-American Development Bank (IDB), said Monday that it granted a $50 million credit line for Banco Popular Dominicano to provide financing to import and export businesses in the Dominican Republic. "Given the current context of high volatility in international markets and the macroeconomic pressures derived from the health crisis of COVID-19, the credit line for foreign trade will also support existing industries, as well as new and emerging comp

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