preloader icon



Apex Trader Funding - News

EMGA secures US$ 15M financing for Banco Improsa in Costa Rica

LONDON, April 22, 2024 (GLOBE NEWSWIRE) -- Emerging Markets Global Advisory LLP (EMGA), in partnership with Banco Improsa, announces that it has secured a US$15 million line of credit from The Japan International Cooperation Agency (JICA). EMGA's Head of Investment Banking and Managing Director of EMGA, Sajeev Chakkalakal, stated: "In spite of a challenging global macroeconomic environment, we are pleased to once again facilitate Banco Improsa's continued vision to supporting SMEs in Costa Rica and complete this financing solution." Commenting on the transaction, Felix Alpizar Lobo, General Manager of Banco Improsa, said: "This financing reaffirms our commitment to strengthening the SME segment in Costa Rica. Banco Improsa is proud to share JICA's objective of contributing to the economic and social growth of developing countries." EMGA's Managing Director Jeremy Dobson added: ...