WASHINGTON — IDB Invest approved a loan of up to $550 million for Banco Santander Brasil to support the expansion of resilient investments.

The project will help mobilize private investment and expand access to long-term financing for initiatives that support a more resilient and sustainable economy in Brazil.

This operation will allocate resources to eligible projects under the Brazilian Government’s Eco Invest program, focusing on improving agricultural productivity, land use, and infrastructure.

The initiative is aligned with the IDB Group Country Strategy with Brazil 2024–2027, which prioritizes the sustainable use of natural resources, infrastructure growth with private sector participation, and the expansion of sustainable finance.

“Our collaboration with Banco Santander Brasil demonstrates the value of partnerships in channeling resources toward projects that drive economic development and strengthen the country’s competitiveness. Through this structure, IDB Invest seeks to expand private-sector participation and generate a multiplier effect that contributes to Brazil’s development priorities,” said Marisela Alvarenga, Managing Director and Chief of the Financial Sector Division.

“IDB Invest’s partnership strengthens our ability to channel long-term resources toward initiatives that promote productivity, innovation, and economic development, while supporting the country’s ecological transition agenda,” said Sandro Sobral, Head of Financial Management at Santander Brasil.

The financing package includes a $150 million A-loan provided by IDB Invest and a $400 million B-loan to be funded by participating financial institutions. The A/B structure will help mobilize additional private-sector capital, strengthening the operation’s catalytic effect.

About IDB Invest

IDB Invest, a member of the IDB Group, is a multilateral development bank committed to promoting the economic development of its member countries in Latin America and the Caribbean through the private sector. IDB Invest finances sustainable companies and projects to achieve financial results and maximize economic, social, and environmental development in the region. With a portfolio of $22 billion in assets under management and more than 440 clients in 25 countries, IDB Invest provides innovative financial solutions and advisory services that meet the needs of its clients in a variety of industries. Visit our website: www.idbinvest.org/en

Sobre Banco Santander 

Santander Brasil (SANB11) began operations in the country in 1982 and, through more than 70 bank mergers and acquisitions, has built competitive platforms in both the wholesale and retail banking segments. It is part of the Santander Group, one of the world’s largest financial conglomerates by market capitalization, with a strong presence in 10 key markets across Europe and the Americas. As the only international financial institution with a significant presence in Brazilian retail banking, it has more than 56,000 employees and 2,200 branches and banking service points (PABs), serving nearly 70 million customers. For more information, visit www.santander.com.br