Banco Internacional del Perú-Interbank

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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.
Tel:+1 (202) 623-3952
Fax: +1 (202) 312-4057
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Project Number: 
PE1101A-01
Expected Consideration Date by the Board: 
05/20/1999
Date Posted: 
04/19/1999
Company: 
Banco Internacional del Perú-Interbank
Financing Requested: 
Sector: 
Financial Services
Location: 
Peru. The bank has branches in Lima’s metropolitan area and national coverage
Country: 
Scope Objective: 
The project consists of a loan of up to $30,000,000 to Banco Internacional del Perú-Interbank. The loan is made up of an A loan of up to $10,000,000, funded by the IIC, and a B loan of up to $20,000,000, funded by participants. The loan will have a term of up to seven years, including a grace period of up to two years. The proceeds from the Loan will be used for medium and long-term on-lending and fixed assets and equipment leasing to small and medium-size companies that are majority-owned by Latin American or Caribbean nationals and operate in productive sectors of the Peruvian economy. Working with a sound Peruvian bank will help the IIC meet its goal of supporting the development of small and medium-size companies. In addition, the IIC funding will support the stability of the Peruvian banking system by providing medium and long-term financing, which in Peru is relatively scarce.
Environmental Review: 
This is a Category III project according to IIC’s environmental review procedures.

Each subloan and leasing operation will be subject to an environmental review and must comply with Peruvian environmental laws, regulations and standards, as well as applicable policies of the IIC.