trending Market Intelligence /marketintelligence/en/news-insights/trending/ib6nRxS-qe6PVK_ajtSQbQ2 content esgSubNav
Log in to other products

Login to Market Intelligence Platform


Looking for more?

Contact Us
In This List

Report: World Bank arm extends $2.5B in loans to Peru


Q&A: Navigating Climate Risk as a Financial Risk


Fintech Intelligence Newsletter: February 2021


Banking Essentials Newsletter - February Edition, Part 2


StreetTalk – Episode 74: Investor sees legs in strong credit performance, US bank stock rally

Report: World Bank arm extends $2.5B in loans to Peru

The International Bank for Reconstruction and Development, aWorld Bank arm, grantedtwo contingent loans worth $1.25 billion each to Peru, Gestión reported April 4.

The loans are geared toward supporting Peru's "public expendituremanagement and fiscal risk program" and "human capital and productivityprogram," the report said.

Peru's President Ollanta Humala said the loans could be usedin case of a natural disaster or in the face of an economic or financial crisis.They could also be tied to funding major policy reforms related to public spending,strengthening the mechanism of public-private partnerships, educational development,and improving the role of markets and competition, according to the report.