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IDB Invest promotes sustainable housing in Mexico with Banco Inmobiliario Mexicano
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IDB Invest promotes sustainable housing in Mexico with Banco Inmobiliario Mexicano
MEXICO CITY, MEXICO – IDB Invest subscribed to an 800 million Mexican pesos sustainable bond (approximately $46 million) issued by Banco Inmobiliario Mexicano (BIM) to support the construction of affordable, sustainable, and resilient housing in Mexico. The proceeds from the subscription will be used to expand BIM’s loan portfolio by providing financing to small and medium-sized enterprises (SMEs) to support housing development projects in vulne…
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