Question 1

What are the key details for the project “ING Bank (Uruguay) S.A.”?

Accepted Answer

The project “ING Bank (Uruguay) S.A.” is an infrastructure initiative in the Residential sector, located in Uruguay. Taiyo aggregates data on it from Multilateral Investment Guarentee Agency (MIGA).

Question 2

What is the latest status of the project “ING Bank (Uruguay) S.A.”?

Accepted Answer

The status recorded for “ING Bank (Uruguay) S.A.” is not active.

Question 3

Who are the main government, EPC, and private stakeholders for “ING Bank (Uruguay) S.A.”?

Accepted Answer

Taiyo maps the stakeholders of “ING Bank (Uruguay) S.A.”: government bodies (Multilateral Investment Guarantee Agency (MIGA)), banks/investors (ING Bank, N.V.).

Question 4

What is the budget and commercial profile for the project “ING Bank (Uruguay) S.A.”?

Accepted Answer

Taiyo normalizes the budget of “ING Bank (Uruguay) S.A.” to USD 2700000.

Question 5

Where can I verify the source and access all details for “ING Bank (Uruguay) S.A.”?

Accepted Answer

This Taiyo project page references Multilateral Investment Guarentee Agency (MIGA) along with the original URL (https://www.miga.org/project/ing-bank-uruguay-sa). Taiyo standardizes official data into a consistent, searchable project profile.

Sponsoring Agency	Obfuscated Data
Company	Obfuscated Data

Original status	not active
Taiyo status	Obfuscated Data
Taiyo last update	00-00-0000
Available timestamps	00-00-0000
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Contact name	Obfuscated Data
Phone	0000000000
Email	ObfuscatedData@email.com
Address	Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Description	MIGA issued a guarantee for $2.7 million to ING Bank N.V. of the Netherlands for its shareholder loan to its subsidiary in Uruguay. The investment will expand the financing capacity of the project enterprise, ING Bank (Uruguay) S.A., to be used in the newly liberalized mortgage lending sector. The guarantee will cover the investment against the risks of transfer restriction and expropriation. The investment will be used to fund mortgage loans to individuals. Onward lending by the project enterprise will take the form of multiple subloans to home buyers, with maturities of up to 10 years. The project is expected to help develop the financial sector in Uruguay and improve the quality and diversity of financial products in the market. The financing will also support the construction sector through increased demand for housing.
Original sub-sector	Obfuscated
Original Currency	USD
Original budget	000000000000000
Procurement method	Obfuscated Data
Budget	000000000000000

Region	Obfuscated
Country	Obfuscated
State	Obfuscated Data
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Location	Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data

Source reliability	High
Data quality score	100%
Source	Obfuscated Data
URL	obfuscated_data,obfuscateddata.com

Project Type	Obfuscated Data
Article Published Date	Obfuscated Data

ING Bank (Uruguay) S.A.

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