Company name
Banco Industrial, S.A.
Project number
15488-01
FI-2 operations are those where the risk potential is considered medium: the FI’s current or future portfolio consists of or is expected to consist of, business activities that have potential limited adverse environmental or social risks or impacts that are few in number, generally site-specific, largely reversible, and readily addressed through mitigation measures; or includes a very limited number of business activities with potential adverse environmental or social risks or impacts that are diverse, irreversible, or unprecedented.
E&S category
FI-2
Country
Guatemala
Sector
Financial Institutions
Status
Proposed
Disclosed date
10/09/2025
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
11/28/2025
Approval date
N/A
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
Financial Institutions Division
Investment type
Syndicated amount
N/A
Financing amount
USD $ 110,000,000
Currency
USD
Project scope and objective
The transaction involves an unsecured senior loan of up to US$165 million to Banco Industrial, S.A. (“Industrial GT”, “Banco Industrial” or the “Bank”), with a term of up to four years and a one-year grace period. The financing includes: (i) a committed senior loan of up to US$80 million (Tranche I); (ii) an uncommitted senior loan of up to US$30 million (Tranche II); (iii) a blended finance component of up to US$20 million managed by IDB Invest acting as agent of the IDB in its capacity as administrator/trustee of the Sustainable Infrastructure Program (“SIP”) and Clean Technology Funds (the “BF Loan”); and (iv) a B Loan of approximately US$35 million from other participants.
The project aims to support the Bank’s sustainable portfolio focused on Micro, Small, and Medium-Sized Enterprises (“MSMEs”), women-owned MSMEs, and sustainable finance. Additionally, the transaction will be complemented by technical assistance targeting these segments.
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Contact information
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Client Contact
PHONE NUMBER
+502 2420-3000
POST OFFICE ADDRESS
Vía 5 5-35 Zona 4, Ciudad de Guatemala, Guatemala
IDB Invest Contact
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesIndividuals or communities can submit complaints and concerns related to environmental, social, or corporate governance issues to the Management Grievance Mechanism by e-mailing [email protected] or by calling +1 202 312 4040.
As a last resort, affected communities have access to the IDB Invest Independent Consultation and Investigation Mechanism by writing to [email protected] or [email protected] or calling +1(202) 623-3952.
IDB Invest has zero tolerance to reprisal or retaliation against anybody who voices its opinion or opposition to IDB Invest-financed projects.
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Request informationLearn more about how we provide private-sector solutions in the region .
Environmental and social review
IDB Invest conducts an environmental and social due diligence (ESDD) commensurate with the nature, scale, and stage of the project, and with its level of environmental and social risks and impacts. The ESDD will confirm the project E&S categorization and assess the project with respect to the client requirements in IDB Invest Environmental and Social Sustainability Policy. The results of the ESDD, including any identified gaps are described in the Environmental and Social Review Summary (ESRS) provided below. For projects approved as of 2016, any gaps with respect to IDB Invest's Environmental and Social Sustainability Policy at the time of the ESDD are addressed in the Environmental and Social Action Plan (ESAP) presented below, to comply with the date mentioned above.
BANCO INDUSTRIAL GT - SENIOR LOAN - 15488-01-GU - ENVIRONMENTAL AND SOCIAL REVIEW ESRS
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