$15 Million for Costa Rican Exporters

©image: Timm Suess

The funds come from a credit line by the Inter-American Investment Corporation, a dependency of the Inter-American Development Bank.

“With this initiative, exporters will be able to apply for 5 year loans, paying an interest rate of Libor plus 250 basis points”, reported Nacion.com.

Source: Nacion.com

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$175 Million for Salvadoran Export Sector

July 2010

The government presented its "National Export Strategy" in which it plans to invest $175 million during its five year mandate.

The funds come from the national budget in addition to a $40 million loan from the Inter-American Development Bank (IDB), commented the Secretariat to the Presidency.

G & T Continental Increases its Capital by $10 million

February 2012

The bank, notable for its A + rating awarded by Fitch Ratings, focuses on loans for the corporate sector and hopes to expand its credit portfolio thanks to the injection of funds.

The G & T Continental Bank, of Guatemalan capital, said that it is to receive a capital injection of about $10 million, which would increase its loan portfolio in El Salvador.

IDB to provide credit for Costa Rica's agriculture sector

June 2008

The Inter-American Development Bank (IDB) will help Costa Rica's financial sector to increase lines of credit for agricultural production.

IDB vice-president Daniel Zelikow made the announcement during a visit to Costa Rica to evaluate the effects of the world economic situation on the local economy.

Panama: 17% Increase in New Loans

October 2011

At the close of July, $11 billion worth of new loans were granted, 17% higher than in the same period last year.

Among the different sectors of the economy, mining, livestock and fisheries were those receiving the most new loans.

"The biggest increase registered, in terms of percentages, was in mining and quarrying, where $15.2 million in new loans was granted, up from $12.3 million compared to figures from the same period in 2010.