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Article: OPIC LAUNCHES HOUSING RECONSTRUCTION PROGRAM FOR NICARAGUA
- Article from:
- US Fed News Service, Including US State News
- Article date:
- September 12, 2007
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The Overseas Private Investment Corp. issued the following press release:
A partnership between OPIC and a local financial institution will quickly extend housing reconstruction support to hard hit areas of Nicaragua following the destruction leveled by Hurricane Felix. The announcement was made today by Robert Mosbacher, Jr., President and CEO of the Overseas Private Investment Corporation (OPIC) at a signing ceremony with Banco de Credito Centroamericano (Bancentro S.A.) Bancentro President Roberto Zamora, which was attended by U.S. Ambassdor Paul Trivelli.
Under the agreement signed today, OPIC will extend an existing facility with Bancentro S.A to provide home reconstruction loans, as ...