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Juan Pablo Rivas

To promote SMEs recovery IFC announced readiness to invest up to $2 billion pesos in ABL Trust Mexico

1 min read

The FINANCIAL — The International Finance Corporation (IFC), member of the World Bank Group, announced an initial investment of $300 million pesos (approximately US$15 million equivalent) in ABL Trust Mexico, a trust conformed by MAS Leasing and Jolly Haul, two Mexican leasing companies, with the objective of providing Small and Medium Enterprises (SMEs) with financing for investing in logistics and equipment in the context of the crisis caused by COVID-19. This investment is the first of five proposed commitments to ABL Trust Mexico that could reach a total of $2 billion pesos (approximately US$100 million equivalent) in the next three…

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To promote SMEs recovery IFC announced readiness to invest up to $2 billion pesos in ABL Trust Mexico

1 min read

The FINANCIAL — The International Finance Corporation (IFC), member of the World Bank Group, announced an initial investment of $300 million pesos (approximately US$15 million equivalent) in ABL Trust Mexico, a trust conformed by MAS Leasing and Jolly Haul, two Mexican leasing companies, with the objective of providing Small and Medium Enterprises (SMEs) with financing…