Banco Interamericano de Finanzas, S.A. (BIF II)
Expected Consideration Date by the Board:
Banco Interamericano de Finanzas, S.A.
The proposed project consists of a US$3 million loan to Banco Interamericano de Finanzas S.A. (BIF). The loan proceeds will be used to provide financing to small and medium-size enterprises in Peru for their modernization and/or expansion. The companies must satisfy the eligibility criteria established by the IIC.
This is a Category III project according to IIC's environmental and labor review procedures. Each subproject will be subject to an environmental, labor, and safety review and must comply with national environmental and labor laws, regulations and standards as well as IIC policies. In order to be able to recognize potential environmental concerns and become familiar with IIC requirements, the company will be required to attend the environmental training course given by the IIC.