Project detail - BANCO REGIONAL S.A.E.C.A.

BANCO REGIONAL S.A.E.C.A.

Status: Completed investment
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Disclaimer

The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.

Who is our customer

Banco Regional is one of the largest banks in Paraguay with a leading market position in agriculture. Its main activity is lending to the productive sector, with 48% of loans in agriculture and cattle.

What is our funding objective?

This capacity development project will upgrade the environmental and social management system (ESMS) at Banco Regional and build capacity in IFC Performance Standards areas. Ultimately, this will guide environmental and social (E&S) analysis and engagement, particularly for high-risk clients.

Why do we fund this investment?

This project contributes strongly to sustainable development in Paraguay. E&S-related interventions at client and sector level in Paraguay are important, both in terms of causing a shift in thinking and a shift in action.

More investments

Date Total FMO financing
2/17/2022 USD 25.00 MLN
Region
Latin America & The Caribbean
Country
Paraguay
Sector
Financial Institutions
Effective date
4/14/2014
End date
11/28/2018
Total FMO financing
EUR 0.03 MLN
Funding
FMO NV
Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk Environmental & Social Category
(A, B+, B or C)
A