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Banco G&T Continental – SME Partnership

Sector: Financial Institutions • Location: Guatemala

Source: Inter-American Development Bank (IADB)

Project
In Implementation

The operation consists of a subordinated financing package of up to US$75,000,000, which will be used to strengthen the equity position of Banco G&T Continental (“GTC” or the “Bank”) in Guatemala. The financing will be channeled to support the Bank’s Small and Medium Enterprise (SME) portfolio growth strategy, with an emphasis on women-led businesses. Specifically, by combining financing and techn

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The project “Banco G&T Continental – SME Partnership” is an infrastructure initiative in the Financial Institutions sector, located in Guatemala. Taiyo aggregates data on it from Inter-American Development Bank (IADB).

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Participants

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in implementation

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Description

Description

The operation consists of a subordinated financing package of up to US$75,000,000, which will be used to strengthen the equity position of Banco G&T Continental (“GTC” or the “Bank”) in Guatemala. The financing will be channeled to support the Bank’s Small and Medium Enterprise (SME) portfolio growth strategy, with an emphasis on women-led businesses. Specifically, by combining financing and technical assistance, the aim is to replicate and scale-up the program “G&T Mujer” that was developed by the Bank’s subsidiary in El Salvador, and that was awarded in 2016 by the Global Banking Alliance for Women (GBA). It is expected that this project will increase access to finance for SMEs, particularly those led by women.

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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