$ 40 Million IDB Loan to Honduras

The loan will be used to finance the "programs to strengthen the financial safety net and improving access to financing."

Monday, November 8, 2010

The IDB representative in Honduras, Miguel Manzi, at the signing ceremony said the purpose of the Inter-American Development Bank is to support the government in a program for financial reforms and institutional changes in the sector.

"It is hoped that regulatory changes already adopted and those who are to be implemented will help promote greater stability for financial brokers, transparency of financial services and greater access to financing for excluded sectors", published Elheraldo.hn.

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$33 million for Land Titling in Honduras

July 2011

The World Bank has approved an interest free loan to expand access to formal land titling, cadastre surveyance and property registration.

A statement from World Bank (WB) reads:

This service is part of an improved integrated and decentralized land administration system .

Honduras: $2 Billion Available for Projects

January 2011

The funds will be used in infrastructure projects such as the Patuca III hydro power plant.

William Chong Wong, finance minister, explained that the money comes from several international institutions such as the World Bank, the IDB, CABEI and the Governments of Taiwan and Europe.

$ 74 Million To Balance Honduras' Budget

November 2010

The World Bank approved the loan to support the Government's fiscal program.

The World Bank Board approved a loan for U.S. $ 74.7 million to support the government program designed to address the difficult fiscal situation in the short term and to achieve balanced fiscal accounts, which will bear fruit in the medium and long term, thus, promoting development in the country.

IDB, BBVA Panama sign $15 million to boost lending for small business

March 2010

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 IDB loan will allow BBVAP to significantly expand its lending to SMEs, a strategic sector for economic growth and job creation in Panama.

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