OPEC Fund extends US$25 million loan to El Salvador to support small and medium-sized businesses

VIENNA, The OPEC Fund for International Development is providing a US$25 million loan to Banco Promerica in El Salvador for on-lending to small and medium-sized enterprises (SMEs) and women-owned businesses to promote the economic recovery of the sector, which has been severely impacted by the COVID-19 pandemic. In El Salvador, SMEs represent over 95% of … Read more