BANCO DEL PAIS, S.A.
Status: Proposed investmentWhy disclosure?
FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more
In case of questions
We welcome feedback on this proposed investment opportunity for FMO. The ending of the proposed investment phase is indicated on the right side of this page. In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our prospective customer?
Banco del País ("Banpaís") is the fifth-largest bank in Honduras, with total assets of around USD 5.2 billion. The bank operates a diversified business model, serving retail, SME, and corporate clients through a comprehensive range of deposit, lending, transactional, and digital banking products. Banpaís has a nationwide footprint, supported by a network of 4,032 banking agents across all 18 departments and 298 municipalities. The bank is majority-owned by BiCapital Corporation, one of the largest financial conglomerates in Central America with operations spanning banking, insurance, and brokerage services across Guatemala, Honduras, El Salvador, and Panama.
What is our funding objective?
FMO is acting as a B participant, contributing with a USD 50 million senior unsecured loan. Proceeds aim to increase the bank's SME loan portfolio.
Why do we want to fund this investment?
Through this facility, FMO aims to support the development of SMEs in Honduras, thereby contributing to SDG 8.
What is the Environmental and Social categorization rationale?
As FMO participates under an A/B loan structure, the E&S assessment follows an asset-class approach. As a result, Banpaís has been classified as an E&S Risk Category B. Banpaís has an Environmental and Social Management System (ESMS) in place, which was developed through the support of an international consultant. The framework is aligned with national legislation, as well as the IFC Performance Standards.
More investments
| Date | Total FMO financing |
|---|---|
| 1/20/2021 | USD 25.00 MLN |
- Website customer/investment
- https://www.bpenlinea.banpais.hn
- Region
- Latin America & The Caribbean
- Country
- Honduras
- Sector
- Financial Institutions
- Publication date
- 9/8/2026
- Deadline for feedback
- 9/23/2026
- Total FMO financing
- USD 50.00 MLN
- Funding
- FMO NV
-
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B
- Loan participation
- https://idbinvest.org/en/projects/banpais-honduras-senior-financing-smes