»

BVP News

Share Button

Banco Promerica de Costa Rica: first sustainable bond issuer

January 21 2021. With the aim of promoting sustainable investments and driving our market towards a more sustainable one, the Panama Stock Exchange (BVP) held the webinar “Banco Promerica de Costa Rica: first sustainable bond issuer,” Banco Promerica de Costa Rica, along with IDB Invest and MMG Bank, shared the impact of this responsible investment for our region.

Olga Cantillo, CEO of the Panama Stock Exchange thanked Banco Promerica de Costa Rica for the trust in the Panamanian capital market with the listing of the first sustainable bond in Central America, motivating the BVP to continue with its commitment in the development of sustainable finance for Panamanian capital markets and itsfinancial center.

As detailed in a press release from IDB Invest, a member of the IDB Group, they granted Banco Promerica de Costa Rica, a Partial Credit Guarantee Facility (PCG) of up to USD 20 MM. This facility will guarantee one or more green, social and/or sustainable bond issuances in the BVP under this bond program, which will help improve access to financing for small and medium-sized enterprises (SMEs) and expand their portfolio of green credit in Costa Rica. See more…

 


Entidad Regulada y Supervisada por la Superintendencia del Mercado de Valores.
Licencia para operar como Organización Autorregulada mediante Resolución No. CNV-349-90 de 30 de marzo de 1990