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About Dropdown Description

World Bank building
About

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

Learn More

Our Impact Dropdown Description

Hands husking peas into a basket full of peas
Our Impact

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

Learn More

Our Products Dropdown Description

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What We Do

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

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Projects Dropdown Descriptions

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Projects

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

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Argentina

Lloyds Bank (BLSA) Limited - Argentina

$13.95 million
Banking
Project Brief
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MIGA issued a $13.95 million guarantee to Lloyds Bank Plc. of the United Kingdom for its shareholder loan to expand the mortgage facility of its branch in Argentina. The facility will offer 15-year term mortgages at competitive rates. The guarantee covers the investment against the risks of transfer restriction, expropriation, and war and civil disturbance. The additional availability of mortgage products will increase the ability of Argentines to buy their own homes. The facility will on-lend through a network of 35 branches in the country.

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