• Joint DFI financing of USD 300 million for Banco Industrial, S.A. de Guatemala
• A leading Central American bank committed to supporting sustainable enterprises in the region
• Loans for local companies: positive impacts on development and income

DEG – Deutsche Investitions- und Entwicklungsgesellschaft mbH is expanding its engagement in Central America. Together with the European development finance institutions FMO (Netherlands) and Proparco (France), DEG is providing Banco Industrial, S.A. de Guatemala (Banco Industrial) with a loan facility of USD 300 million. The financing will be used to extend green loans to companies in Guatemala, for example in renewable energy generation, green building, and sustainable transportation sectors.

DEG is contributing a long-term loan of USD 100 million. FMO and Proparco are each providing an additional USD 100 million. The transaction, coordinated by FMO, is being implemented under the Friendship Facility of the three European development financiers.

“We are pleased to further expand our activities in Central America and to partner with Banco Industrial, an established commercial bank in Guatemala and the region. Our shared objective is to strengthen reliable access to finance for sustainable investments,” said Monika Beck, Member of DEG’s Management Board.

“At Banco Industrial, we are committed to transforming access to international capital into real opportunities for the country’s productive sectors. This partnership reflects a shared vision with strategic partners who believe in Guatemala’s potential and in the importance of promoting sustainable development”, said Luis Lara Grojec, CEO and Corporate Director of Banco Industrial.

The transaction strengthens Banco Industrial’s strategic focus on sustainable financial products, particularly for local enterprises. To systematically manage environmental and social risks, Banco Industrial has established an Environmental and Social Management System (ESMS). This system is now set to be further developed in line with international best practices and aligned with the IFC Performance Standards.

With this engagement, DEG underscores its role as a long-term partner for private-sector companies and financial institutions and its contributions to sustainable transformation. DEG has been active in Latin America since its founding more than 60 years ago. In 2026, it committed more than EUR 800 million to entrepreneurial investments in twelve Latin American countries.