Banco Popular

Equity : April 2015

Banco Popular is a Bank specialized in micro and small businesses in Honduras.

Amount

€ 200,374.59

Type of investment

Equity

Development impacts

  • Local economic growth
  • Financial inclusion

Beneficiary locations

Latin America and Caribbean: Honduras

Investment field

Financial Institutions

Activity

Microfinance institution

Organisation

Banco Popular

Domicile

Banco Popular

More investments in

Banco Popular

  • Debt € 4,494,000.00 (2019)
  • Equity € 121,408.00 (2017)
  • Equity € 1,364,000.00 (2010)
  • Equity € 1,357,000.00 (2007)

In 2015 BIO participated together with IFC, FMO, Bamboo and BCIE in a pro rata capital increase of Lps. 29.500.000 (USD 1.5 Mio) in Banco Popular.

The capital increase request followed a requirement of the Honduran Banking Commission that decided to increase the amount of minimal capital for financial institutions from Lps 300.000.000 (USD 15Mio) to Lps. 400.000.000 (USD 20 Mio) as from May 2015.

Development impacts

  • Local economic growth

    Credit provision to micro-enterprises; Mobilization of local savings; Provision of non-financial services to MSMEs (business development)

  • Financial inclusion

    Access to credit for micro-entrepreneurs; Population's access to savings services, payment and transfer services

View more of our investments in this region

Interact Climate Change Facility

Investment Companies & Funds

Interact Climate Change Facility

  6,000.00

  India, Mongolia, Honduras, Côte d'Ivoire, Ghana

  23/02/2011

  Equity

Interact Climate Change Facility

Investment Companies & Funds

Interact Climate Change Facility

  10,000,000.00

  India, Mongolia, Honduras, Côte d'Ivoire, Ghana

  23/02/2011

  Debt

CoreCo Central America Fund I LP

Investment Companies & Funds

CoreCo Central America Fund I LP

  3,210,320.00

  Dominican Republic, El Salvador, Guatemala, Honduras, Nicaragua

  28/06/2012

  Equity

AgRIF Coöperatief U.A.

Investment Companies & Funds

AgRIF Coöperatief U.A.

  105,000.00

  Cambodia, India, Mongolia, Myanmar, Bolivia, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Peru, Burkina Faso, Côte d'Ivoire, Kenya, Senegal

  11/09/2018

  Subsidy

AgRIF Coöperatief U.A.

Investment Companies & Funds

AgRIF Coöperatief U.A.

  5,438,332.50

  Cambodia, India, Mongolia, Myanmar, Bolivia, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Peru, Burkina Faso, Côte d'Ivoire, Kenya, Senegal

  18/06/2015

  Equity

Asociacion Hondurena de Instituciones Bancarias

Financial Institutions

Asociacion Hondurena de Instituciones Bancarias

  29,426.60

  Honduras

  18/12/2020

  Subsidy

Local Currency Microfinance Fund II

Investment Companies & Funds

Local Currency Microfinance Fund II

  143,535.00

  Bolivia, Colombia, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua, Paraguay, Peru

  28/01/2019

  Subsidy

Fairtrade Access Fund

Investment Companies & Funds

Fairtrade Access Fund

  350,000.00

  Bolivia, Brazil, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Tanzania, Uganda

  07/04/2020

  Subsidy

Banco Popular

Financial Institutions

Banco Popular

  4,494,000.00

  Honduras

  19/12/2019

  Debt

Comercial Administradora S.A.

Financial Institutions

Comercial Administradora S.A.

  3,962,250.00

  Honduras

  03/12/2018

  Debt

Fairtrade Access Fund

Investment Companies & Funds

Fairtrade Access Fund

  3,000,000.00

  Bolivia, Brazil, Colombia, Ecuador, Guatemala, Honduras, Nicaragua, Paraguay, Peru, Burkina Faso, Côte d'Ivoire, Ghana, Kenya, Tanzania, Uganda

  24/10/2019

  Equity

Banco Popular

Financial Institutions

Banco Popular

  121,408.00

  Honduras

  18/09/2017

  Equity

Banco Popular

Financial Institutions

Banco Popular

  1,364,000.00

  Honduras

  17/05/2010

  Equity

Banco Popular

Financial Institutions

Banco Popular

  1,357,000.00

  Honduras

  07/12/2007

  Equity