Banco BHDL WCS

completed

 The proposed investment consists of a one-year, renewable , senior loan for up to US$60 million to Banco Múltiple BHD León, S.A. (“BHDL” or “the Bank”) in the Dominican Republic (the “DR” or the “Country”) under the FIG COVID-19 Emergency Response WCS Envelope (WCS Envelope). The WCS Envelope is designed to provide funding to existing IFC client banks in emerging markets that will then extend new trade-related or working capital loans to companies whose cash flows have been disrupted by the global outbreak of the coronavirus pandemic. The proposed investment intends to support a strategic partner and a leading financial institution in the Country, by supporting the Bank's working capital and trade-related lending programs to DR enterprises, primarily small and medium enterprises (“SMEs”) as a result of the COVID-19 pandemic.