CAF signs US$75 million A/B loan with Banco Internacional S.A. to finance women-led SMEs and environmental sustainability projects in Ecuador

CAF, Development Bank of Latin America and the Caribbean, led the structuring and syndication of an A/B loan for Banco internacional S.A. for a total of US$75 million to promote inclusive and sustainable growth in Ecuador's productive sector. The funds will be used mainly to finance SMEs led by women and environmental sustainability projects.

The operation marks a a milestone for Banco Internacional S.A., as it is its first participation in an A/B structure. It also reaffirms CAF's commitment to mobilizing private capital by attracting US$60 million from six international financial institutions, achieving a mobilization ratio of 4:1.

This financing is part of CAF's strategy to promote initiatives that generate employment, strengthen sustainable production and improve the competitiveness of SMEs, as well as the development of high-impact green projects. In particular, priority will be given to supporting SMEs led by women, in order to expand their growth opportunities, promote their economic autonomy, and close structural gaps.

The alliance between CAF and Banco Internacional S.A. evidences a shared vision of inclusive and sustainable development, which seeks to strengthen Ecuador's economic resilience through access to credit for critical sectors, including SMEs and green business projects.

Antonio Silveira, CAF's Vice President for the Private Sector, said, "This operation reflects CAF's commitment to strengthening SMEs as a key driver of economic development. By channeling resources to women-led businesses and green projects, we demonstrate that it is possible to simultaneously promote social inclusion and environmental sustainability. In addition, the incorporation of six international financial partners underscores the drive to mobilize private capital for strategic sectors, broadening the impact of our actions in Ecuador".

For his part, Francisco Naranjo Martínez, Executive President of Banco Internacional, highlighted: "For Banco Internacional it is important to maintain our leadership position in the financing of the productive sector by contributing our experience, solidity, quality and environmental commitment when investing in the Ecuadorian business sector. In addition, it will allow us to continue contributing to the economic development of the country, penetrating the SME segment.

Banco Internacional is permanently evolving to make a difference in the Ecuadorian financial sector by allocating more than 80% of its loan portfolio to the commercial/business sector."

In short, this operation represents a strategic alliance between CAF and the international financial sector, highlighting the potential of A/B structures to expand access to financing and channel resources to projects with high social and environmental impact.

About CAF -development bank of Latin America and the Caribbean-

CAF is an institution committed to sustainable development and regional integration. Founded in 1970, it has the participation of 24 countries, including 22 from Latin America and the Caribbean, as well as Spain and Portugal, along with 13 private banks. Its mission is to improve the quality of life of Latin Americans and Caribbeans by financing projects in the public and private sectors, providing technical cooperation and other specialized services. CAF is one of the main sources of multilateral financing in the region and a generator of knowledge to strengthen public policies and improve the impact of projects (www.caf.com).

About Banco Internacional S.A.

Banco Internacional was founded in Quito in 1973 and has more than 1,300 employees committed to customer satisfaction nationwide. Soundness, solvency and high management standards are part of the tradition of Banco Internacional throughout its history. In addition, the prudent and transparent management of its customers' resources, its outstanding operational efficiency and a service that guarantees a satisfactory customer experience, make it a reference in the Financial System. It stands out for its focus on small, medium and large companies, and high and medium income individuals. Banco Internacional allocates more than 80% of its loan portfolio to the commercial/business sector.

About Banco Continental S.A.E.C.A.

Banco Continental is a leading financial institution in Paraguay, recognized as the first Paraguayan bank and the only private company in the country to achieve Investment Grade. Founded in 1980, it has played a key role in the country's economic development, offering a wide range of financial products and services to both individuals and businesses. Its focus on innovation and commitment to excellence have consolidated it as a strategic partner for investment and financing projects, reaffirming its commitment to sustainable growth and inclusive development in the region.

About Banco de Occidente (Panama) S.A.

Banco de Occidente Panama is part of the renowned Grupo Aval, one of the leading financial conglomerates in Latin America. With a focus on offering financial solutions tailored to the needs of its clients, Banco de Occidente Panamá is distinguished by its commitment to excellence in service, innovation, and the economic development of the region. The institution plays a key role in financial intermediation and strengthening the private sector from Panama in other strategic markets.

About Bladex

Bladex is a multinational bank founded in 1979 by the central banks of Latin America and the Caribbean to promote trade finance and economic integration in the region. Headquartered in Panama, with representative offices in Argentina, Brazil, Colombia, Mexico and a representative agency in the United States, the bank offers financial solutions to institutions and corporations throughout the region. Bladex has been listed on the New York Stock Exchange (NYSE: BLX) since 1992 and on the Mexican Stock Exchange for more than ten years. Its shareholder base includes central banks, government entities and banks from twenty-three Latin American countries, as well as institutional and private investors . www.bladex.com

About BlueOrchard

BlueOrchard is a leading global impact investment manager and a member of the Schroders Group. Founded in 2001 as the world's first commercial microfinance debt investment manager, BlueOrchard drives long-term positive impact for communities and the environment, while seeking to provide attractive returns to investors. BlueOrchard offers impact investing solutions across multiple asset classes. For more information, visit: www.blueorchard.com.

About Eco.business Fund

Eco.business Fund aims to support and promote sustainable practices in the agriculture, aquaculture, forestry and tourism sectors in Latin America, the Caribbean and Sub-Saharan Africa, with the objective of promoting biodiversity, sustainable resource use and climate change mitigation. The fund supports local financial institutions, companies and producers. Target beneficiaries are those that have an eligible sustainability certification or are applying for a loan to make eligible sustainable investments in their operations. Initiated by Germany's KfW Development Bank and Conservation International, it is advised by Finance in Motion and financially supported by Germany's Federal Ministry for Economic Cooperation and Development (BMZ), the European Union and the United Kingdom's Department for Environment, Food and Rural Affairs (DEFRA). For more information visit: www.ecobusiness.fund.

About responsAbility Investments AG

responsAbility Investments AG is a leading impact asset manager specializing in private sector investments in three investment themes to contribute directly to the UN Sustainable Development Goals (SDGs): Financial Inclusion, to finance the growth of micro-enterprises and SMEs; Climate Finance, to finance the growth of small and medium-sized enterprises (SMEs); and Climate Finance, to finance the growth of small and medium-sized enterprises (SMEs).and Sustainable Food. All of responsAbility's investment solutions aim for concrete and measurable impact and attractive returns. Since its inception in 2003, responsAbility has deployed more than $17.1 billion in impact investments. With more than 280 employees collaborating across six offices, as of September 30, 2025 the company manages assets worth $5.4 billion with a portfolio of approximately 330 companies in 70 countries. As of 2022, responsAbility is part of M&G plc, the international savings and investment company, and contributes its expertise to expanding M&G's capabilities in impact investing.