IFC reviews loans for Banistmo, Banco Industrial

IFC reviews loans for Banistmo, Banco Industrial

Corporate & Sovereign Strategy International Financial Institutions Debt Capital Markets Loans Guatemala Panama

The International Finance Corporation (IFC), the private sector division of the World Bank, is reviewing two loan requests for up to $400 million from two banks -- Banistmo and Banco Industrial -- to on-lend to small and medium enterprises. Panamanian lender Banistmo has requested up to $300 million in financing, which includes up to $200 million from IFC itself and as much as $100 million from third-party lenders, according to information on the IFC’s website. It added that Banistmo would also

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