Banco Atlas S.A.
FI-2 operations are those where the risk potential is considered medium: the FI’s current or future portfolio consists of or is expected to consist of, business activities that have potential limited adverse environmental or social risks or impacts that are few in number, generally site-specific, largely reversible, and readily addressed through mitigation measures; or includes a very limited number of business activities with potential adverse environmental or social risks or impacts that are diverse, irreversible, or unprecedented.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
USD $ 27,959,900
Project scope and objective
The proposed operation contemplates a senior unsecured loan of up to PYG180,000,000,000 (the "Loan") that will be financed by BID Invest. The term of the Loan is up to 5 years, with one year of grace period and semiannual amortization. The Loan funds will be used to finance Small and Medium Enterprises ("SMEs") in Paraguay's productive sector.
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IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005