BANCO BCT S.A.Status: Completed investment
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Who is our customer
Banco BCT, S.A. is operating as an universal commercial bank in Costa Rica with a principal focus on the SME and corporate markets, particularly in the property, services, manufacturing and agroindustry sectors. While BCT maintains strong competitive advantages based on its long-standing relationships with its SME and corporate clients, attention needs to be paid to diversifying growth strategies in order to remain resilient and profitable in downturns.
What is our funding objective?
To support Banco BCT with co-funding the services of external consultants to raise awareness within BCT on the key elements of green finance in order to better develop and understand the key E&S risks and capitalize on the abundant opportunities for Green projects in Costa Rica.
Why do we fund this investment?
To support Banco BCT in upgrading the Bank’s E&S risk assessments particularly in high-risk sectors, to support the development of a Green strategy and allow the bank to differentiate itself and brand themselves as a market leader in the space and train its staff in these areas.
|Total FMO financing
|USD 7.50 MLN
|USD 15.00 MLN
- Latin America & The Caribbean
- Costa Rica
- Financial Institutions
- Effective date
- End date
- Total FMO financing
- EUR 0.01 MLN
- 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)