Banco Bisa, S.A.

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Project Number: 
BO1027B-01
Expected Consideration Date by the Board: 
05/20/1999
Date Posted: 
04/20/1999
Company: 
Banco Bisa, S.A.
Financing Requested: 
Sector: 
Financial Services
Location: 
La Paz, Bolivia with branches in Santa Cruz, Cocha
Country: 
Scope Objective: 
The project will provide funding to meet the medium and long term financial needs of small and medium size Bolivian enterprises. IIC will provide an eight-year US$10 million line of credit to provide medium term financing for small and medium sized companies and will undertake, on a best-effort basis, to mobilize an additional US$15 million from international banks under its cofinancing program. The goal is to support the IDB and Bolivian government’s objective of promoting long term funding for the financial institutions.
Environmental Review: 
This is a category III project according to IIC’s environmental review procedures.

Each subproject must comply with Bolivian environmental, occupational health and safety laws, and IIC’s environmental and labor review guidelines.