Macroeconomy/Finance

BDP launches $114.9 mn credit line for SMBs

Development bank BDP (the Bolivian State owns 80 % of it and 20% by CAF-Banco de las Américas) decided to create a $114.9 million line of credit with easily accessible conditions to support the country’s productive sector. The credit conditions includes: a regulated interest rate for up to five years, with up to one year’s grace.

Source: El Deber