Banco Promerica El Salvador
Latin America
Region
179.5
Commitment (MNOK)
Active
Status
Banco Promerica El Salvador began its operations in 1996 and is a privately owned commercial bank in El Salvador. Promerica El Salvador is part of the Promerica Group, one of the largest financial groups in Central America. The bank is very focused on SMEs with 50% of its loan portfolio dedicated to this sector. Norfund´s investment will assist the bank to continue to support the SME sector in El Salvador.
Key information
- Sector:
- Financial Inclusion
- Commitment (MNOK):
- 179.5
- Year:
- 2015
- Region:
- Latin America
- Country:
- El Salvador
- Domicile:
- El Salvador
- Instrument:
- Loans
- Status:
- Active
- Mandate:
- Development