Bancredito teams up with BBVA for micro credit in Costa Rica
Bancredito signed a deal with the BBVA Foundation to offer microcredit in Costa Rica
Wednesday, October 22, 2008
The agreement will allow Bancredit to take advantage of the BBVA Foundation's experience in the development and implemenation of financial products and services for small companies.
The BBVA Foundation and AMPYME have agree to the first private-public partnership for microfinancers in Panama.
BBVAP and IDB signed documents for a $15 million loan to provide BBVAP with long-term funding to support its lending to small and medium-sized enterprises.
The bank announced it will invest 1% of its net earnings of 2009 in social responsibility projects.
The Inter-American Investment Corporation (IIC) has authorized a credit line to BBVA Panamá with the aim of giving SMEs access to finance.
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