IDB Invest considers loan for First Citizens

IDB Invest considers loan for First Citizens

International Financial Institutions IDB Invest Loans Capital Markets Debt Chile Panama Trinidad & Tobago

IDB Invest, the private sector affiliate of the Inter-American Development Bank (IDB), is reviewing a loan for up to $175 million for First Citizens Bank in Trinidad and Tobago. If granted, First Citizens would use the seven-year loan to fund mortgages for low- and middle-income households, invest in digital services and increase loans to small and medium-sized enterprises (SMEs), according to IDB Invest. IDB Invest added that it signed an agreement with First Citizens Bank to provide advisory s

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