The issuance aims to mobilize up to $100 million on Panama’s capital market, with direct impact on financial health and sustainable projects.
PANAMA CITY – IDB Invest has served as anchor investor in the first sustainable bond issuance by Banistmo S.A., one of the main banks in Panama. The operation marks IDB Invest’s first participation in Panama’s public securities market.
The operation seeks to expand access to credit for women-led small and medium-sized enterprises (SMEs) and to finance projects focused on climate resilience and adaptation.
The issuance for a total amount of $100 million was carried out under Banistmo's Corporate Bond Revolving Program. IDB Invest subscribed up to $75 million. The remainder of the issuance is expected to be placed among local or international investors.
IDB Invest's participation as an anchor investor, contributing a significant amount of the issuance, aims to encourage the involvement of other investors and help deepen the local securities market.
IDB Invest also provided technical assistance to strengthen Banistmo’s sustainable bond framework, incorporating key performance indicators (KPIs) aligned with international best practices and local regulations. In addition, IDB Invest will support the bank in enhancing its sustainable finance strategy.
With this new issuance, IDB Invest and Banistmo reaffirm their commitment to sustainable development, economic growth across productive sectors, and the deepening of capital markets in the region through the promotion of thematic-labeled assets.
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 $22 billion in assets under management and more than 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 idbinvest.org/en.
About Banistmo
Banistmo is one of Panama’s leading banks, with a strong track record in the country and a deep commitment to sustainability. Its purpose-driven approach to finance has positioned it at the forefront of initiatives that promote financial inclusion, gender equity, climate action, and innovation in financial products—helping build a more prosperous, inclusive, and resilient society.
Visit our website: https://www.banistmo.com