Banco Improsa, S.A.

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Project Number: 
CR1073A-01
Expected Consideration Date by the Board: 
10/05/2000
Date Posted: 
08/25/2000
Company: 
Banco Improsa S.A.
Financing Requested: 
Sector: 
Financial Services
Location: 
Country: 
Scope Objective: 
The project consists of a seven year loan of up to US$6 million. The loan will be used to provide medium and long-term financing to small and medium-sized companies.
Environmental Review: 
This is a Category III project according to IIC's environmental and labor review procedures. Each subproject will be subjected to an environmental, labor, and safety review and must comply with national environmental and labor laws, regulations and standards, as well as applicable IIC policies. The Bank will be required to attend the IIC's environmental training seminar, which will provide as basis for the recognition of environmental, safety and labor issues as well as IIC policy requirements.