logo

Banco Banex

Sector: Raw Materials • Location: Costa Rica

Source: International Finance Corporation (IFC)

Project
Completed

The project consists of a $40 million senior loan to Banco Banex, S.A. (Banex or the Bank), an existing IFC client, to help fund the Bank’s expansion in the corporate and mortgage lending activities.

Banex is one of the largest private banks in Costa Rica, and together with Interfin (another IFC portfolio client) are the two most important private banks in the country. Costa Rica’s financial sy

Project Information FAQ

Project Information

4 Q
The project “Banco Banex” is an infrastructure initiative in the Raw Materials sector, located in Costa Rica. Taiyo aggregates data on it from International Finance Corporation (IFC).

Want to explore the full details? View the full report

Participants

Sponsoring Agency

Obfuscated Data

Company

Obfuscated Data

Status

Original status

completed

Taiyo status

Obfuscated Data

Taiyo last update

00-00-0000

Available timestamps

00-00-0000

Available timestamp type

Obfuscated Data

Contact

Contact name

Obfuscated Data

Phone

0000000000

Email

ObfuscatedData@email.com

Address

Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Description

Description

The project consists of a $40 million senior loan to Banco Banex, S.A. (Banex or the Bank), an existing IFC client, to help fund the Bank’s expansion in the corporate and mortgage lending activities. Banex is one of the largest private banks in Costa Rica, and together with Interfin (another IFC portfolio client) are the two most important private banks in the country. Costa Rica’s financial system has been historically dominated by state owned banks. However, during the 1990s some structural reforms were made, allowing private banks to compete with state owned banks. Today, private banks have gained significant presence, with approximately 50% market share of the Costa Rican market.

Original sub-sector

Obfuscated

Original Currency

USD

Original budget

000000000000000

Procurement method

Obfuscated Data

Budget

000000000000000

Location

Region

Obfuscated

Country

Obfuscated

State

Obfuscated Data

County

Obfuscated

Location

Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Source

Source reliability

High

Data quality score

100%

Source

Obfuscated Data

URL

obfuscated_data,obfuscateddata.com

More Details

Project Type

Obfuscated Data

Article Published Date

Obfuscated Data