At the end of April of this year, the loan portfolio granted by banks amounted to $12.582 billion, registering a 13% increase compared to the same period last year.
According to figures from the National Commission of Banks and Insurance (CNBS), between the month of April 2017 and the same period in 2018, the loan portfolio grew by $1.433 billion, rising from $11.149 billion to $12.582 billion.
The IDB has approved a loan to finance projects related to the improvement of market connectivity for small agricultural producers and the application of agroforestry technologies.
The Inter-American Development Bank (IDB) reported that "... Through a loan of US $150 million, the Dominican Republic will work on the adoption of agroforestry technologies and improvement of connectivity to agricultural markets to increase incomes of small producers, and increase environmental sustainability and adaptation to climate change through the best management of natural capital."
The balance of bank loans granted by the national system up to March 2018 totaled $66.17 billion, 2% more than was reported in the same month last year.
The international loan approved by Congress will be used to improve the response capacities of the country's emergency services and health services, social protection services and agricultural recovery.
From a statement issued by the Congress of Guatemala:
The government reported that the Inter-American Development Bank has approved a $20 million loan to finance renewable energy projects managed by small and medium enterprises.
Vice President Rosario Murillo told government media that "... the IDB gave no objection to Banco de la Producción (Banpro) who will give loans to small and medium-sized renewable energy companies," this is reported by Iván Acosta, Minister of Finance, who in turn received the note from Francisco Mayorga who represents us at the IDB."
The IDB plans to disburse up to $150 million this year to finance road construction and electrification works in areas of the Nicaraguan Caribbean.
Representatives of the entity in Nicaragua explained that the goal is to approve up to $280 million in loans for development works in the country this year.
The bill put forward by the Varela administration proposes regulating the operation of crowdfunding platforms, and creates the concept of Family Offices of Patrimonial Administration.
From a statement issued by the Ministry of Finance:
With a loan from the World Bank, outstanding construction works will be completed in several road sections in Granada and Rivas.
This financing for roads is part of a total of $145 million approved by the World Bank for various works in the country, including improvements in the health care system in rural areas.A statement issued by the entity states that "... $60 million will be allocated to the expansion of the Community and Family Health Model nationwide...".
The union of builders is proposing creating an insured mortgage fund, to provide financing for those who can not meet the requirements demanded by banks.
The Chamber of Developers of Nicaragua (Cadur) announced that the fund could start with an initial seed capital of $5 million.The objective of the fund is to finance the purchase of new homes, and to facilitate access to financing for workers in the informal sector or clients that receive remittances from abroad.
With a loan from the BCIE, the improvement and renovation of 195 kilometers of roads in different areas of the country will be financed.
The project involves the paving of 194.39 kilometers, divided into six road sections with different asphalt pavement structures, hydraulic concrete and concrete paving slabs.
The Honduran government will offer companies in the tourism sector loans with annual rates of 10% and terms of up to 20 years for the construction of hotels.
Authorities in the Hernandez administration announced that among the financial products that are already available in the Honduran Bank for Production and Housing (Banhprovi), are loans for small and medium-sized tourism companies for a maximum amount of $34 thousand, with a 10% annual rate, with terms of up to seven years for fixed assets, three years for working capital and a two-year grace period for fixed assets.
The Costa Rican Stock Exchange is preparing a bond plan for companies that seek to finance renewable energy, agriculture, and waste management projects, among others.
The aim of the authorities at the National Securities Exchange (BNV), is to have the first issue of bonds of this type ready in the last quarter of 2018.The plan is to provide financing alternatives through the stock market for projects"... new or existing ones that qualify as green projects, that is to say, that contribute to mitigating the effects of climate change or adapting to them."
The Development Bank of Latin America has confirmed another loan to finance the design and construction of the wastewater system in Arraiján and La Chorrera, in West Panama.
The funds will be executed by the Ministry of Health (MINSA) through the Coordination Unit of the Panama Sanitation Program (UCP).This is the seventh approval of a credit operation of the CAF to support the execution of the Panama Sanitation Program, which with this new disbursement reaches a total financing amount of USD 628 million.The resources of this operation will be used for the design and construction of networks and sewage collectors, as well as domiciliary and intra-domiciliary connections that allow houses to be incorporated into the sanitation system.
The state insurer could be willing to invest up to $500 million in road construction projects that already have their pre-design and studies ready.
The offer by Instituto Nacional de Seguros (INS) applies only for projects designated as "mature", that is to say, those that already have all the approved permits and pre-designs.The problem with this requirement, according to the executive director of the Federated College of Engineers and Architects (CFIA), is that planning problems faced by Conavi and the Ministry of Public Works make it impossible to meet this requirement."..."Unfortunately, it's not the way the Ministry of Public Works and Transportation (MOPT) and Conavi have been working," Vargas said."
With a loan from OPEC, the second phase of the rural electrification project on the Caribbean coast will be financed.
The decree must still be approved by the National Assembly, which will receive it in the coming days.The loan was agreed between the Ortega administration and the Organization of Petroleum Exporting Countries.
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