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Finabank

Through BID Invest, Finabank is strengthening its SME financing segment, including support for women-led businesses. (Note: This information was found on the BID Invest website, not on Finabank’s.)

Provided by:

Servicios Financieros

Country:

Suriname Suriname

More info:

Finabank NV (“Finabank”), established in 1991 and 100% privately owned, is one of the systemically important financial institutions in Suriname. BID Invest is exploring a senior unsecured debt financing of up to US$15 million to originate sub-loans to sub-borrowers. The primary objective is to support the growth of micro, small, and medium-sized enterprises (MSMEs) in Suriname. The loan term will be up to seven years, with a five-year grace period and four equal repayments during the final two years. Special emphasis will be placed on women-led MSMEs.

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