BANCO CMF S.A.
Status: Proposed investmentWhy 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
We welcome feedback on this proposed investment opportunity for FMO. The ending of the proposed investment phase is indicated on the right side of this page. In case of questions, please contact us at disclosure@fmo.nl
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 prospective customer?
Banco CMF (“CMF”) is a medium-sized bank offering financing and a wide range of banking services to SMEs and small corporates in Argentina. Founded in 1978 as a financial company, CMF has operated as a bank since 1996 and currently has total assets of USD 936 million, serving more than 500 SME clients.
What is our funding objective?
FMO is proposing a USD 25 million senior unsecured loan. The proceeds will be allocated to eligible green activities (30%) and SME lending (70%), thereby supporting FMO’s Climate Action (SDG 13) and economic growth (SDG 8) targets. The investment qualifies as 30% Green label.
Why do we want to fund this investment?
Given its focus on long-term relationships and delivering high-quality service to its clients, CMF is an attractive partner for FMO to support the development of SMEs in the country. By increasing its SME portfolio and offering longer tenor loans, our partnership with CMF aligns with our strategy of supporting economic growth and job creation in Argentina. Furthermore, the proposed transaction will be the first green loan by FMO’s Financial Institutions team in Argentina.
What is the Environmental and Social categorization rationale?
Banco CMF is considered E&S category C, due to the relatively short tenor of its portfolio. The bank has a diversified loan portfolio across medium- and low-risk E&S sectors of the economy, such as financial services, commerce, and manufacturing.
More investments
| Date | Total FMO financing |
|---|---|
| 5/2/2022 | USD 15.00 MLN |
- Website customer/investment
- https://www.bancocmf.com.ar
- Region
- Latin America & The Caribbean
- Country
- Argentina
- Sector
- Financial Institutions
- Publication date
- 7/23/2025
- Deadline for feedback
- 8/22/2025
- Total FMO financing
- USD 25.00 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) - C