BBVA participates in a program of up to $3 billion to finance infrastructure in Panama

The transaction, led by Caja de Ahorros, will channel funding to public sector projects and enhance liquidity for government contractors and suppliers. It further strengthens BBVA’s role as a strategic partner to institutional clients in South America and its commitment to the region’s economic development.

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BBVA is participating in a financial program promoted by Caja de Ahorros of the Republic of Panama to support the execution of public investment projects, through liquidity solutions aimed at companies involved across the infrastructure value chain.

In this context, the transaction, structured by BBVA Corporate & Investment Banking (CIB), is implemented through a structured financing facility designed to optimize payment flows linked to public investment and accelerate the delivery of key infrastructure projects in the country. This mechanism will help strengthen the infrastructure value chain, enabling more efficient and timely project execution.

The program has a total potential size of up to USD 3 billion, with an initial tranche of approximately USD 600 million. Within this framework, BBVA is expected to participate with a relevant commit, reinforcing its dual role as both structuring bank and investor in the transaction.

“Panama is a key market for BBVA Corporate & Investment Banking, and this transaction demonstrates our ability to mobilize large-scale financing and support public institutions in delivering their infrastructure plans. Together with Caja de Ahorros, we are driving solutions that enhance the efficiency of investment flows and reinforce our long-term commitment to the country and the broader region,” said Javier Rodríguez Soler, Global Head of Sustainability and Corporate & Investment Banking at BBVA.

“We are very proud to have the support of international financial institutions that trust in investment opportunities in our country and in the role of Caja de Ahorros as a driver of growth, job creation and foreign investment in strategic projects,” said Ariel Herrera, Chief Financial Officer of Caja de Ahorros.



Through this initiative, BBVA further strengthens its positioning as a strategic partner for institutional clients, supporting governments and public entities in structuring financial solutions tailored to an evolving environment. Amid growing demand for infrastructure investment, the bank continues to expand its contribution to the development of Panama and South America as a whole, supporting high-impact projects across the region.