Galicia is among the largest private sector commercial banks in Argentina ranked by assets and deposits. The Bank is engaged principally in commercial banking, providing general banking services to large corporations, SMEs and to individuals. The project consisted of a line of credit to Galicia. This in turn provided Argentinean SMEs in the industrial and agribusiness sectors with medium and long-term financing for equipment, machinery and working capital. The project was segmented with a US$lO.O miilion A Loan (the “A Loan”) and a US$ 50.0 million B Loan (the “B Loan”), to Banco de Galicia y Buenos Aires S.A. The Bank’s management and shareholder group are experienced and highly regarded by the financial and business communities. In addition, Galicia continues to pursue its business objective of providing access to term financing to SMEs in Argentina