Company name
BANCO MACRO S.A.
Project number
15970-01
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
Argentina
Sector
Financial Institutions
Status
Proposed
Disclosed date
04/07/2026
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
05/12/2026
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 $ 100,000,000
Currency
USD
Project scope and objective
The proposed transaction consists of an unsecured senior A/B revolving loan to Banco Macro S.A. (“Macro” or the “Bank”), in an amount of up to US$200 million, comprising: (i) Committed Tranche I: consisting of an A Loan of up to US$50 million to be financed by IDB Invest; (ii) Uncommitted Tranche II: consisting of an A Loan of up to US$50 million, to be financed by IDB Invest; and (iii) a B Loan in an amount of approximately up to US$100 million to be financed by institutional investors. The transaction will have a term of up to seven years, with a grace period of up to two years. The objective of the transaction is to support Macro in growing its portfolio of Small and Medium-Sized Enterprises (“SMEs”) and Medium-Sized Plus Enterprises (“SME Plus”) in Argentina.
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Contact information
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Client Contact
PHONE NUMBER
+54 11 5222-6639
POST OFFICE ADDRESS
Sarmiento 447, Piso 7, San Nicolás, CABA Ciudad de Buenos Aires, Argentina
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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 MACRO - AB LOAN - 15970-01 AR - ENVIRONMENTAL AND SOCIAL REVIEW ESRS
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