MICROCAPITAL BRIEF: BNCR Raising $75m from IDB Invest, FinDev Canada via Social Bond Issue Focusing on Women Entrepreneurs in Costa Rica

IDB Invest, a member of the Inter-American Development Bank (IDB) Group, recently arranged a social bond issue in the amount of USD 75 million to benefit the Banco Nacional de Costa Rica (BNCR), a government-owned bank. The funding is intended to