$20 Million for Small and Medium Sized Panamanian Enterprises

The Inter-American Investment Corporation (IIC) has authorized a credit line to BBVA Panamá with the aim of giving SMEs access to finance.

Wednesday, August 4, 2010

The credit line seeks to make funds available to small and medium sized Panamanian companies, to help cover their operating costs and includes finance for working capital and revolving credit lines. This is the IIC’s second operation with BBVA Panamá.

"This operation seeks to provide support for Panamanian SMEs by giving them greater and improved access to appropriate sources of credit," comments Zoila Pun, IIC official in charge of the project.

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