Davivienda received from IFC, a member of the World Bank Group, a subordinated loan of USD$335 million to support the financing of women-owned small and medium-sized enterprises (SMEs), social housing and sustainable construction projects. This is the first loan granted by IFC in Latin America and the Caribbean, under the new regulation on additional solvency of Basel III (new Tier 2). “This operation is part of our sustainability strategy of supporting female entrepreneurship, financing sustainable projects and contributing with Colombians to fulfill their dream of having their own home. With…
Read MoreIFC Provides $335 Million Funding To Banco Davivienda To Spur Lending To Wsmes, Green Projects, And Social Housing In Colombia
