IDB Invest Provides Up to $70 Million in Financing to Banco de Bogotá

• IDB Invest provided up to $70 million in financing to Banco de Bogotá to expand credit for Colombia’s micro, small and medium-sized enterprises.
• The financing includes an initial committed tranche of up to $50 million and an uncommitted tranche of up to $20 million.
• Approximately $80 million is expected to be mobilized from other investors.

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