Inter-American Investment Corp

04/29/2026 | Press release | Distributed by Public on 04/28/2026 16:34

IDB Invest Supports Produbanco to Boost Financing to Small Businesses in Ecuador

WASHINGTON - IDB Invest approved a subordinated loan of $50 million to Banco de la Producción S.A. Produbanco in Ecuador to expand financing for small and medium-sized enterprises (SMEs). Of this amount, $20 million has already been disbursed.

This financing strengthens the bank's capital base and enables it to expand access to credit for SMEs, including those owned or led by older adults. The operation will contribute to the country's economic development by facilitating greater access to productive credit, promoting investment, and boosting competitiveness.

The operation will allow Produbanco to increase financing to sectors such as agriculture, construction, water efficiency, energy, electric mobility, and the circular economy.

In addition to the loan, IDB Invest will provide technical advisory services to strengthen Produbanco's risk management capabilities, support its alignment with the ISSB's IFRS S1 and S2 standards, and develop a comprehensive value proposition for the Silver SME and Silver Women SME segments.

This operation reaffirms IDB Invest's commitment to economic resilience in Ecuador by promoting productive financing through the private sector.

About IDB Invest

IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $22 billion in assets under management and more than 400 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries. Visit our website: https://www.idbinvest.org/en.

About Produbanco

Produbanco is part of Grupo Promerica, which has operations in nine countries across Central and South America. Produbanco's purpose is to generate value with a sustainable focus that transcends people's lives, through its business segments: corporate, commercial, wealth management, institutional, SME, and retail banking. Over its 47-year track record, Produbanco has received numerous local and international awards that attest to its prestige. Notable recognitions include: Best Corporate Reputation, Merco Ranking (2025); first place in the PXI Ecuador 2025 ranking of the Praxis Xperience Index; Best Financial Institution for Women-Led SMEs (2023), awarded by the SME Finance Forum; Best Bank Ecuador (2017-2025) and Sustainable Finance Awards in Ecuador (2026), granted by Global Finance; Bank of the Year Ecuador for the fourteenth time (2002, 2007, 2009-2015, 2017, 2019-2022); and Best Innovation in Retail Banking Ecuador (2017-2023), awarded by The Banker, among others. For more information, visit https://www.produbanco.com.ec.

Inter-American Investment Corp published this content on April 29, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 28, 2026 at 22:34 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]