$20 Million for Small and Medium Sized Panamanian EnterprisesThe Inter-American Investment Corporation (IIC) has authorized a credit line to BBVA Panamá with the aim of giving SMEs access to finance.Wednesday, August 4, 2010 ![]() The credit line seeks to make funds available to small and medium sized Panamanian companies, to help cover their operating costs and includes finance for working capital and revolving credit lines. This is the IIC’s second operation with BBVA Panamá. Source: Inter-American Investment Corporation IDB, BBVA Panama sign $15 million to boost lending for small businessMarch 2010 BBVAP and IDB signed documents for a $15 million loan to provide BBVAP with long-term funding to support its lending to small and medium-sized enterprises. IDB loan to help BBVA Panama boost lending for small businessesNovember 2009 The Inter-American Development Bank approved a $15 million loan to provide Banco Bilbao Vizcaya Argentaria (Panama), S.A. (BBVAP) with long-term funding to support its lending to small and medium-sized enterprises. IIC Lends $20 Million to BAC El SalvadorJuly 2010 It is estimated that approximately 300 SMEs will benefit from this operation. Multibank Gets $ 6 million LoanNovember 2010 The IIC financing will create effective mechanisms to channel credits to SMEs in Panama. |
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