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.
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
Reyes Correa, Sandra
USD $ 21,054,600
USD $ 124,238,000
Project scope and objective
The project consists of a financing in Colombian pesos (“COP”) of up to COP$640,000,000,000.00. The financing will have a tenor of five years with a bullet payment. IDB Invest may share the financing with other investors. The funds will be used to support the growth of Bancolombia’s sustainable finance portfolio and to finance its sustainability strategy.
For inquiries, comments and information requests about the projectRequest information
Alternatively, you may also use the following contact information:
Catalina Tobón Rivera
Director, International Banking
IDB Invest Contact
1350 New York Ave NW, Washington, DC 20005