$60 Million Loan for Banco Davivienda Salvadoreño, S.A.


Arias and Consortium Legal advised on the deal

Banco Davivienda Salvadoreño operates in the banking sector. Its services and products include saving and current accounts, fixed-term deposits, commercial and consumer loans, mortgages, debit and credit cards, e-banking, financial assessment, cash management and factoring, among others. The company operates as a subsidiary of Banco Davivienda.

Nederlandse Financierings- Maatschappij voor Ontwikkelingslanden N.V. (FMO) is a development bank, engages in financing and investment activities. FMO was founded in 1970 and is headquartered in The Hague, the Netherlands.

Proceeds will be invested for Renewable energy sector projects.

Arias El Salvador advised Banco Davivienda Salvadoreño S.A. with Roberta Gallardo (Picture) and Fidel Márquez.

Consortium Legal advised FMO with Oscar Samour and Felipe Aragón Vassiliu.

Involved fees earner: Oscar Samour Santillana – Consortium – Legal; Felipe Aragón Vassiliu – Consortium – Legal; Roberta Gallardo – Arias ; Fidel Márquez – Arias ;

Law Firms: Consortium – Legal; Arias ;

Clients: Nederlandse Financierings-Maatschappij voor Ontwikkelingslanden N.V.; Banco Davivienda Salvadoreño SA;

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Author: Ambrogio Visconti.