Banco Ficohsa receives US$20mn IDB credit to boost "green" lending activity

Friday, May 6, 2011

Honduras' Banco Ficohsa has received a US$20mn credit line from IDB to help expand its "green" lending activity in the country, local daily La Prensa reported.

With the financing, the bank will seek to expand lending to sustainable development and other green projects which include recycling, wastewater treatment, renewable energy, reducing carbon emissions, and more.

The plan falls under IDB's program to promote environmentally and socially sustainable lending and corporate governance among financial institutions in Latin America and the Caribbean.

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