Company name
Banco Industrial e Comercial S.A.
Project number
BR1131A-04
N/A
E&S category
N/A
Country
![](https://idbinvest.org/sites/default/files/styles/size54x40/public/2018-03/Brazil.png?itok=aG0dKgh1)
Brazil
Sector
![](https://idbinvest.org/sites/default/files/styles/size38x28/public/2021-02/FINANCIAL-INSTITUTIONS.png?itok=cD1fK7EZ)
Financial Institutions
Status
In implementation
Disclosed date
06/09/2010
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
Projected board date
07/09/2010
Approval date
07/15/2010
Signed date
N/A
Sponsoring entity
N/A
Investment Operations Department Contact
INO Portfolio Management (PTM)
Investment type
Syndicated amount
N/A
Financing amount
USD $ 86,000,000
Currency
N/A
Project scope and objective
The project consists of an A Loan for US$13 million and a B Loan for US$73 million to Banco Industrial e Comercial S.A. The proceeds will be used to provide financing to eligible small and medium-size enterprises, mainly in the northeast, north and central west regions of Brazil, in the form of short-term loans for working capital or revolving credit facilities. Eligible enterprises shall not exceed US$20 million in assets or yearly revenue.
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Contact information
For inquiries, comments and information requests about the project
Request informationAlternatively, you may also use the following contact information :
Client Contact
N/A
PHONE NUMBER
N/A
POST OFFICE ADDRESS
N/A
IDB Invest Contact
requestinformation@idbinvest.org
PHONE
+1(202)-566-4566
ADDRESS
1350 New York Ave NW, Washington, DC 20005
COUNTRY OFFICES
IDB Invest Country OfficesFor inquiries, comments and information requests about the project
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.
ENVIRONMENTAL AND SOCIAL REVIEW
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