Multibank, Inc.
Sector: Financial Institutions • Location: Panama
Source: Inter-American Development Bank (IADB)
The Inter-American Investment Corporation (IIC) approved a line of credit of US$12 million to Multibank, one of the largest banks in Panama, that will be used to provide financing to SMEs in Panama, as well as to diversify its long-term sources of funding. The proceeds from the line of credit will go toward providing financing to SMEs in Panama, as well as toward helping Multibank diversify its lo
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | repaid |
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 Inter-American Investment Corporation (IIC) approved a line of credit of US$12 million to Multibank, one of the largest banks in Panama, that will be used to provide financing to SMEs in Panama, as well as to diversify its long-term sources of funding. The proceeds from the line of credit will go toward providing financing to SMEs in Panama, as well as toward helping Multibank diversify its long-term sources of funding.Multibank Inc. is a bank entity established in 1990. Today, it is one of the largest banks in Panama funded with Panamanian capital. Through local subsidiaries, it provides factoring, financial leasing, trust, insurance, asset management, and brokerage services, among others. Over the years, the bank has built up expertise in services and products aimed at the SME segment, which accounts for 40% of the total corporate portfolio. |
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 |