CF Banco GyT
Sector: Commercial • Location: Guatemala
Source: International Finance Corporation (IFC)
The proposed transaction would qualify as an investment for the IFC Capitalization Fund (the “CapFund”) as GyT Continental is one of five systemic banks in Guatemala and has a 20.55% and 19.31% market share in terms of total assets and total deposits, respectively as of July 2010. This second investment in GyT Continental would consist of (i) common or preferred shares for up to $32.1 million (Ti
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
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 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed transaction would qualify as an investment for the IFC Capitalization Fund (the “CapFund”) as GyT Continental is one of five systemic banks in Guatemala and has a 20.55% and 19.31% market share in terms of total assets and total deposits, respectively as of July 2010. This second investment in GyT Continental would consist of (i) common or preferred shares for up to $32.1 million (Tier I capital), and (ii) subordinated debt for up to $42.9 million (Tier II capital) and would be sourced from the CapFund. IFC committed its first transaction with GyT Continental in a 9.722% equity stake through a $70 million investment in preferred convertible shares in July 2008, which buttressed GyT Continental’s capital at a crucial time and allowed the Bank to weather the economic slowdown in Guatemala. |
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 |