OPIC Board Approves $400 Million to Support Local Financial Institutions’ Lending to SMEs, Renewable Energy & Mortgage Finance

WASHINGTON, D.C. – April 2, 2012 – (RealEstateRama) — The Board of Directors of the Overseas Private Investment Corporation (OPIC) approved a $400 million framework agreement which will enable Wells Fargo to provide U.S. dollar funding to financial institutions in emerging markets so that they can expand their lending to small and medium-sized enterprises (SMEs), housing and renewable energy projects.