International Finance Corporation (IFC) has turned to Vouga Abogados in its granting of different loan facilities for a total amount of USD 97 million to several banks in Paraguay.
Vouga Abogados has continuously assisted IFC in the granting of a number of loan agreements with several Paraguayan banks. On this occasion, Vouga Abogados assisted again IFC in the granting of loan facilities to banks 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 amount of USD 97 Million to provide funds for small and medium enterprises, which at its turn, will aid in the economic development of Paraguay.With the closing of these last agreements, Vouga Abogados has assisted IFC over the past three and a half years in the granting of facilities to banks in Paraguay for a total amount of approximately USD 262 Million.
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