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Atlantida Loan

Sector: Commercial • Location: Honduras

Source: International Finance Corporation (IFC)

Project
Completed

Banco Atlantida S.A de C.V (“Bancatlan” or “the Bank”) is the largest bank in Honduras in terms of assets, loan portfolio, deposits and capital, as of October 2011. The Bank is very active in the agribusiness, commerce, tourism and infrastructure sectors and has the largest retail distribution network in the country. Bancatlan is an existing IFC client through a trade line and advisory services p

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The project “Atlantida Loan” is an infrastructure initiative in the Commercial sector, located in Honduras. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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completed

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Description

Description

Banco Atlantida S.A de C.V (“Bancatlan” or “the Bank”) is the largest bank in Honduras in terms of assets, loan portfolio, deposits and capital, as of October 2011. The Bank is very active in the agribusiness, commerce, tourism and infrastructure sectors and has the largest retail distribution network in the country. Bancatlan is an existing IFC client through a trade line and advisory services projects. Bancatlan is interested in supporting the renewable energy sector in Honduras and has already built a pipeline of projects. The Bank is also willing to support its corporate and SME clients in improving their energy efficiency and cleaner production initiatives. The Bank is seeking to fund this potential portfolio growth with long-term funding since it allows for a proper maturity matching. The proposed investment seeks to support the Bank’s loan origination activities through a Senior Loan to be complemented with a potential sustainable energy finance advisory services project (the “Project” or “Atlantida Loan”).

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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