Marcelo Marangon, the current VP, will assume as the bank's CEO in Brazil.
The funds would serve to finance Managua Metropolitana, an initiative to improve potable water supply and sewage services in the capital city's metropolitan area.
Lending, especially mortgage lending, is growing apace in Argentina.
Although the majority of the funds will be used for housing reconstruction, some of the investment was earmarked to rebuild damaged public infrastructure in the affected municipalities.
Local bill-payment solutions firm touts product to insurers and brokers, who face tightening restrictions on cash transactions.