International Finance Corporation (IFC) hired Vouga Abogados to grant different lines of credit to several banks in Paraguay for a total amount of USD 97 million.

Vouga Abogados has been continuously assisting IFC in the granting of a number of lines of credit to banks in Paraguay. On this occasion, Vouga Abogados again assisted IFC in granting lines of credit to BBVA, for an amount of up to USD 60 Million; BANCO REGIONAL, for an amount of up to USD 30 Million; and BANCOP, for an amount of USD 7 Million.

BBVA, REGIONAL and BANCOP received a total of US$97 million to provide financing to small and medium-size enterprises, which in turn will help Paraguay's economic development.

With the closing of these last credit lines, Vouga Abogados assisted IFC during the last three and a half years in granting loans to banks in Paraguay for approximately USD 262 million.