IFC and Banco Aliado partner to strengthen trade finance in Panama

Posted on 2026-03-05

IFC will grant a $30 million credit line to Banco Aliado to strengthen trade finance and support SMEs in Panama.

The International Finance Corporation (IFC), a member of the World Bank Group, and Banco Aliado announced a strategic alliance to boost trade finance in Panama, providing local businesses with the support they need to import and export goods and services.

As part of the agreement, IFC will provide a credit line of up to USD 30 million to support the foreign trade operations portfolio of Banco Aliado, the third largest Panamanian-owned bank by asset size and equity. This financing will expand access to resources for the bank's clients, including small and medium-sized enterprises (SMEs).

“This alliance with IFC is a very important milestone as it helps us to incorporate into our financing program attention to relevant markets in Panama and the Latin American region ,” said  Gustavo Eisenmann, CEO and General Manager of Banco Aliado .

“We are proud to join forces with Banco Aliado, a leading institution in Panama, to boost foreign trade, strengthen SMEs and generate more job opportunities in the country ,” said  Ivana Fernandes Duarte, IFC Regional Manager for Central America.

Through this partnership, Banco Aliado joins as the newest member of IFC's Global Trade Finance Program (GTFP), designed to mitigate risks in emerging markets through guarantees on trade-related transactions.