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MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

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Explore different types of political risk insurance guarantees provided to investors and lenders.

Hyundai building

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Hands husking peas into a basket full of peas

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

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About Dropdown Description

World Bank building

MIGA’s goal is to promote foreign direct investment into developing countries to support economic growth and more.

Our Impact Dropdown Description

Hands husking peas into a basket full of peas

Learn about the progress MIGA is making in its mission to support economic growth, reduce poverty and improve people’s lives.

Our Products Dropdown Description

Young woman bending down to tending to her outside chores

Explore different types of political risk insurance guarantees provided to investors and lenders.

Projects Dropdown Descriptions

Hyundai building

Explore global projects that support economic growth, reduce poverty and improves people’s lives.

Philippines

ABN AMRO Bank N.V. Manila Branch

$45 million
Financial Services
Project Brief
Not Active
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MIGA issued $45 million in guarantees to ABN AMRO Holding N.V. of the Netherlands for shareholder loans to its branch in Manila. The guarantee covers the loan against the risks of transfer restriction and expropriation.

The shareholder loan will allow ABN AMRO to expand its local operations to keep pace with the growing demand for banking services in the country. The project will contribute to developing the country's foreign trade by increasing lending to industrial corporate clients that manufacture a wide range of goods for exports. In particular, it will help to develop small- and medium-size companies that manufacture primary raw agricultural commodities, canned food, fabrics, footwear, household utensils, and industrial tools for exports.

Local staff will receive training in areas of financial control, credit analysis, and general banking operations both on site and abroad.

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