Banco la Capitalizadora Hondureña, S.A. (BANCAHSA)

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IIC’s Communications Group
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For project inquiries, including environmental and social questions related to an IIC investment, please contact the client or the IIC using the contact information provided above. In addition, project affected communities have access to the IIC Independent Consultation and Investigation Mechanism.
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Fax: +1 (202) 312-4057
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Project Number: 
HO1015B-01
Expected Consideration Date by the Board: 
09/10/1999
Date Posted: 
07/23/1999
Company: 
Banco la Capitalizadora Hondureña, S.A. (BANCAHSA)
Financing Requested: 
Sector: 
Financial Services
Location: 
The bank has regional main offices in Tegucigalpa, San Pedro Sula, and La Ceiba, as well as a branch network covering the whole country
Country: 
Scope Objective: 
The project consists of a loan of US$7,000,000 to BANCAHSA. The loan will have a term of 8 years, including a grace period of up to 2 years. The funds of the loan will be used for medium and long-term on-lending to small and medium-size companies, whose majority shareholding is Latin American or Caribbean, and which operate in productive sectors of the economy. IIC meets its goal of supporting the development of small and medium-sized companies through working with a sound Honduran bank.
Environmental Review: 
This is a Category III project according to IIC’s environmental review procedures. Each subloan will be subject to an environmental and labor review and must comply with Honduran environmental laws, regulations and standards, as well as applicable policies of the IIC.