IDB Invest finances SME in loans in Panama

IDB Invest finances SME in loans in Panama

Loans Debt Panama Central America United States Coronavirus

IDB Invest, an affiliate of the Inter-American Development Bank (IDB), said it granted a $52 million loan for Capital Bank to provide financing to small and medium-sized enterprises (SMEs) in Panama. Capital Bank will use the money to supply funding for working capital, capital investments and fixed assets for SMEs "that have been highly affected by the health and economic crisis triggered by the global pandemic," IDB Invest said in a press release this week. The financing involves a 10-year loa

Already have an account?

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial