ASUNCIÓN – IDB Invest granted a $133 million loan to Banco Industrial, Guatemala’s largest financial institution and a leading bank in Central America. The loan aims to boost the growth of its portfolio of micro, small, and medium enterprises (MSMEs), women entrepreneurs, and sustainable projects. The agreement was signed during the IDB Group Annual Meetings in Asunción, Paraguay.
With this financing, Banco Industrial will be able to expand the credit it offers to strategic sectors of the Guatemalan economy, including micro, small, and medium-sized enterprises, which account for 98% of Guatemala’s businesses and provide 77% of the country’s employment. In addition, this financing will drive significant growth in the women entrepreneurs and sustainability portfolios.
The financing package includes a $110 million loan from IDB Invest, $20 million in blended finance from the UK Sustainable Infrastructure Program and Climate Investment Funds, and a $33 million B Loan from other investors.
The financial structure includes a $110 million loan from IDB Invest, an additional US$20 million in blended finance from the UK Sustainable Infrastructure Programme (UK SIP) and the Climate Investment Funds (CIF), and a $33 million B loan provided by Blue Orchard on behalf of other investors.
In addition to financing, IDB Invest will provide technical assistance on managing environmental risk, segmenting thematic portfolios, and preparing the bank for future thematic issuances. Through this operation, Banco Industrial will also implement an environmental and social plan, as well as a corporate governance plan, to align it with international standards.
Guatemala’s growth has been solid, and its banking system resilient and stable. Its credit growth has hovered around 10%, and monetary conditions are projected to continue to stimulate financial activity. This operation aligns with the country’s priorities for financial health and private-sector development.
The financing reaffirms IDB Invest’s commitment to sustainable development in Guatemala and to promoting financial health by strengthening the local financial system.
About IDB Invest
IDB Invest, a member of the IDB Group, 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 $22 billion in assets under management and over 400 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries. Visit our website www.idbinvest.org/en.
About Banco Industrial
Banco Industrial continues to cement its position as a key financial institution in Central America and the largest in Guatemala. It holds internationally recognized ratings from the three main global credit rating agencies: S&P, Moody’s, and Fitch. Thanks to the dedication of a team of over 11,500 employees, in December 2025, Banco Industrial was named “Best Bank in Guatemala” for the fifteenth straight year by the prestigious financial magazine The Banker. These accolades have been confirmed in other prominent international financial magazines, such as Euromoney, Global Finance, and LatinFinance. The bank offers an extensive service network in Guatemala, with over 12,200 service points, including branches and mini-branches, banking agents, proprietary ATMs, and access to ATMs in other networks. Banco Industrial’s core principles are integrity, innovation, commitment, teamwork, and love for one’s country. Learn more at: https://www.corporacionbi.com/gt/bancoindustrial/.
About the United Kingdom Sustainable Infrastructure Program
The UK Sustainable Infrastructure Program (UK SIP) is funded from the UK’s International Climate Finance commitments to accelerate and enable sustainable development in the Latin America and the Caribbean region by supporting and catalyzing strategic private sector investments in sustainable low carbon infrastructure, adaptation and resilience-focused activities, and nature positive activities, while also aiming to contribute to equality and social inclusion outcomes.
About Climate Investment Funds
The $13 billion Climate Investment Funds (CIF) invests in developing countries to drive sustainable, resilient growth, and build shared prosperity through climate finance. Since 2008, CIF partners with governments and multilateral development banks. We accelerate investment to transform energy systems, build resilience, harness nature-based solutions, and modernize industry – paving the way for other investors to follow. Through grants and concessional loans, CIF enables more than 80 countries to mobilize capital at scale, with over $10 per dollar in expected co-financing on average. In 2025, CIF became the first multilateral climate fund to raise new private finance in capital markets, with the CIF Capital Markets Mechanism (CCMM).