OPEC Fund arranges syndicated loan to advance private sector growth in Paraguay

The OPEC Fund has successfully arranged a US$45 million syndicated loan for Sudameris Bank in Paraguay to expand financing to small and medium enterprises (SMEs) and strengthen support for the country’s vital agriculture sector.

Acting as sole bookrunner, mandated lead arranger and facility agent, the OPEC Fund contributed US$25 million of its own resources and mobilized an additional US$20 million from the Commercial Bank of Dubai (CBD).

The transaction underscores the OPEC Fund’s growing role as a trusted arranger and catalyst of development finance, leveraging its strong relationships with both public and private institutions — including commercial banks from its member countries — to deliver impact where it matters most.

The signing took place in Washington, DC, on the sidelines of the 2025 World Bank- IMF Annual Meetings, with Sudameris Bank Vice-Chairman Sebastien Lahaie and CBD CEO Bernd van Linder in attendance.

“This syndication reflects our shared commitment to supporting entrepreneurship and productive investment,” said OPEC Fund President Alkhalifa. “By strengthening SME lending, including for women-led businesses, and boosting agricultural finance, we are contributing to more inclusive and resilient growth in Paraguay.”