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IFC partners with Tanner Servicios Financieros for $40m investment in Chile

Nov 21, 2024over 1 year ago

Contract Type

partnership

ChileFinancial ServicesFinanceLendingBanking

Description

Tanner Servicios Financieros, a major financial institution in Chile, has secured a $40 million investment from the International Finance Corporation (IFC). The investment will strengthen the company's capital base, support its growth, and focus on female-founded businesses in line with the World Bank Group’s Gender Strategy 2024 to 2030.

Company Information

Company

Tanner Servicios Financieros

Location

Chile

About

Tanner Servicios Financieros is one of the largest non-banking financial institutions in Chile. It aims to create a fully licensed and regulated commercial bank subsidiary and has provisional authorization to establish a banking subsidiary called Tanner Banco Digital.

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Strategic partnership established
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