ABN AMRO Bank N.V. Venezuela
MIGA issued a $23.5 million guarantee to a loan from ABN AMRO Bank, N.V. of the Netherlands for the expansion of its branch, ABN AMRO Bank, N.V., Venezuela. MIGA is covering the loan against the risks of transfer restriction and expropriation.
The branch offers a wide range of banking services, including corporate finance, trade finance, foreign exchange transactions, and commercial lending. The project will increase the availability of medium-to long-term capital to a broad range of businesses.