Skip to main content

Company name

Banco Rabobank International Brasil S.A.

Project number

BR1129A-07

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
tooltip

FI-2

Country

Brazil

Sector

Financial Institutions

Status

Completed

Disclosed date

04/27/2012

Projected date at which a project will be put forward for the Board of Executive Directors’ approval.

Projected board date
tooltip

05/29/2012

Approval date

06/04/2012

Signed date

09/26/2012

Sponsoring entity

N/A

Investment Operations Department Contact

N/A

Investment type

Syndicated amount

USD $ 285,000,000

Financing amount

USD $ 15,000,000

Currency

USD

Project scope and objective

The objective of the proposed loan is to provide Banco Rabobank International Brasil S.A. with a subordinated loan that is, in accordance with National Monetary Council regulations, considered as Tier II capital of the Borrower. Ultimately, the loan proceeds will be used to provide financing to small and medium size clients (SMEs) of the Borrower. These SMEs in Brazil require medium- or long-term financing in order to assist in their operations, or short-term financing for procuring goods and services from larger companies on better terms. Financing on appropriate terms will make it possible to generate direct and indirect employment and improve the financial structure of the SMEs, which have limited access to financing with terms of more than one year.


For inquiries, comments and information requests about the project

Request information

Learn 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

42.9 Kb

For inquiries, comments and information requests about the project

Request information

Learn more about how we provide private-sector solutions in the region .

Contact information

For inquiries, comments and information requests about the project

Request information

Alternatively, you may also use the following contact information :

Client Contact

EMAIL

N/A

PHONE NUMBER

N/A

POST OFFICE ADDRESS

N/A

IDB Invest Contact

EMAIL

requestinformation@idbinvest.org

PHONE

+1(202)-566-4566

ADDRESS

1350 New York Ave NW, Washington, DC 20005

For inquiries, comments and information requests about the project

Request information

Learn more about how we provide private-sector solutions in the region .