Gtfp Banco Bhd Tender

Project Number
51375
Company Name
BANCO MULTIPLE BHD SA
Date SPI Disclosed
Jul 9, 2025
Country
Dominican Republic
Region
Latin America and the Caribbean
Projected Board Date
Aug 8, 2025
Environmental Category
FI-3 - No Impact
Status
Pending Signing
Last Updated Date
Department
Regional Industry FIG LAC & EUR
Industry
Financial Institutions
Previous Events
Approved : Nov 11, 2004
Sector
Commercial Banking - Trade
Project Description
The proposed project is an unfunded trade finance facility under IFC's Global Trade Finance Program ( GTFP) of up to US$30 million for Banco Múltiple BHD, S.A. (Banco BHD or the Bank).

The trade line will support the Bank's short-term trade finance transactions by offering confirming banks partial or full guarantees to cover payment risk of the Bank in Dominican Republic.