The financing comprises an A loan of up to US$15mn and a B loan of up to US$50mn, to provide financing to SMEs in Paraguay.
This is the IIC's second operation with BBVA Paraguay. Its first loan to the bank provided financing to more than 60 SMEs and helped strengthen and consolidate BBVA Paraguay, the release said.
BBVA Paraguay is the second largest private sector bank in the local system in terms of profit generation.
IIC is a member of the Inter-American Development Bank Group (IDB).