Project detail - BANCOP S.A.


Status: Approved investment
Back to map

Why disclosure?

FMO is committed to making publicly available relevant investment information that informs stakeholders and enables them to engage directly with FMO on its investments which, in turn, enhances our investment decisions, the design and implementation of projects and policies, and strengthens development outcomes. Learn more

In case of questions

In case of questions, please contact us at


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 Para la Comercialización y la Producción, Bancop S.A. (Bancop) is a private universal bank in Paraguay. It is owned by a group of 28 productive cooperatives tied to the country’s agriculture, cattle and agro-industrial sectors. Bancop started operations in 2012 and has been growing rapidly - by the end of 2019, it had USD 444mln in total assets. Its loan portfolio is dedicated to corporates and SMEs mainly active in the agriculture and cattle value chains.

What is our funding objective?

The up to USD 15mln 7-year facility, which has a USD 7.5mln committed tranche and a USD 7.5mln uncommitted tranche, is to be on-lent to local SMEs in line with FMO’s definition.

Why do we fund this investment?

As a founding member of the Paraguayan sustainable finance roundtable 'Mesa de Finanzas Sostenibles', Bancop has been a relevant partner for FMO. The bank's advanced environmental and social practices and its focus on commercial clients make it an ideal partner to support and promote investments in SMEs in Paraguay. This becomes highly relevant in the context of the COVID-19 crisis since Bancop aims to continue supporting clients with financing for working capital and investments at a time when funding has become scarce across financial markets.

What is the Environmental and Social categorization rationale?

The project has been classified as Category B in accordance with FMO’s Sustainability Policy. Project’s activities are deemed to have minimal or no adverse environmental and social risks and/or impacts. As part of the project, Bancop will be required to apply the EDFI Exclusion List and Paraguay E&S laws and regulations.

More investments

Date Total FMO financing
12/13/2021 USD 5.00 MLN
12/13/2021 USD 10.00 MLN
9/21/2018 USD 7.50 MLN
Website customer/investment
Latin America & The Caribbean
Financial Institutions
Publication date
Effective date
Total FMO financing
USD 7.50 MLN
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)