• This financing represents IDB Invest's first operation with BAC Honduras under its Trade Finance Facilitation Program (TFFP).
• The initiative is expected to promote greater inclusion and resilience in the Honduran private sector. 

WASHINGTON — IDB Invest has approved a short-term credit line of up to US$30 million for Banco de América Central Honduras (BAC) to improve access to financing for small and medium-sized enterprises (SMEs) involved in international trade in Honduras. 

With a proposed term of up to 12 months, this financing represents IDB Invest's first operation with BAC Honduras under its Trade Finance Facilitation Program (TFFP). 

By working with BAC Honduras, a subsidiary of BAC, the leading financial group in Central America, IDB Invest aims to strengthen financial intermediation, expand the availability of trade finance products, and provide essential liquidity and working capital for micro and small businesses. This initiative is expected to promote greater inclusion and resilience in the Honduran private sector. 

The operation coincides with the 20th anniversary of the TFFP, a program launched in 2005 to strengthen regional access to global trade finance through a robust network of more than 120 banks in Latin America and the Caribbean and over 300 correspondent banks worldwide.

About IDB Invest

IDB Invest is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of US$22 billion in assets under management and more than 440 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet its clients' needs across various sectors. Visit our website: idbinvest.org/en.

About BAC 

BAC is the leading bank in Central America, with a presence in all six of that region's countries. It serves over 5.4 million customers, employs over 21,000 people, and supports over 250,000 businesses in the area. BAC aims to "Reimagine banking to generate prosperity in the communities it serves." Guided by three core values—integrity, excellence, and passion—its goal is to pioneer and demonstrate that banking can maximize economic, environmental, and social value simultaneously and with the same rigor and excellence. Visit our website: www.baccredomatic.com.