BHDL TB (IFC-603390)

Countries
  • Dominican Republic
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Sep 12, 2018
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Banco BHD León
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
$ 0.57 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please review updated project documents for more information.
Project Cost (USD)
$ 0.57 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS May 10, 2019

Disclosed by Bank May 8, 2019


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Project Description

IFC will engage Banco BHD León in strengthening the bank’s Transaction Banking (TB) business to better serve enterprise clients, including SMEs in need of greater financing and non-financial products. The project focuses on improving: (i) the TB operating model, (ii) improving the TB product and service offering, (iii) the bank’s sales & client services for enterprise clients; and (iv) the bank’s technology, systems and channel capabilities.

People Affected By This Project

IFC will engage Banco BHD León in strengthening the bank’s Transaction Banking (TB) business to better serve enterprise clients, including SMEs in need of greater financing and non-financial products. The project focuses on improving: (i) the TB operating model, (ii) improving the TB product and service offering, (iii) the bank’s sales & client services for enterprise clients; and (iv) the bank’s technology, systems and channel capabilities.

Investment Description
  • International Finance Corporation (IFC)

No investment type at the time of the snapshot

Contact Information

ACCOUNTABILITY MECHANISM OF IFC

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