PANAMA CITY, PANAMA (Piero Stewart, Energy Analytics Institute, 22.Jan.2025) — Banco Latinoamericano de Comercio Exterior, S.A. (Bladex) successfully closed a US dollar and Colombian peso syndicated loan for $53mn and COP60,000mn, respectively, for Finanzauto S.A. BIC, a Colombian automotive finance company with a strong commitment to sustainable economic development.
The syndicated loan, structured and led by Bladex, included the participation of eight prestigious financial institutions from the region, thereby confirming the bank’s ability to bring together strategic allies for the benefit of its customers’ sustainable growth, Bladex announced 22 Jan. 2025 in an official statement.
“Proceeds of this operation will allow Finanzauto to deepen its strategy of granting loans for the development of MSMEs, promoting projects with a strong focus on ESG (environmental, social and governance) standards, and contributing to the strengthening of logistics and operations of MSMEs as the economic engine of the country,” Bladex said.
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By Piero Stewart reporting from Panama City. © 2025 Energy Analytics Institute (EAI). All Rights Reserved.