Atlantic Bank Limited, one of the largest private banks from Belize, will receive a senior loan of up to 30 million dollars to help increase access to stable medium-term financing for micro, small and medium enterprises (MSMEs) in Belize.

IDB Invest’s financing consists of two tranches: i) a committed loan of up to 20 million dollars, and ii) an uncommitted loan of up to 10 million dollars, each with a term of three years.

The loan will be complemented by advisory services by IDB Invest to help Atlantic Bank further strengthen its strategy for the MSME segment, including a differentiated and effective approach to the Women-led MSME (WMSME) portfolio. Additionally, it will support Atlantic Bank to develop an Environmental and Social Management System (ESMS) to analyze, manage and monitor related environmental, social, and labor risks.