Original disclosure @ IFC website
Updated in EWS May 3, 2022
Disclosed by Bank Jun 28, 2021
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The proposed investment consists of a 5-year loan of up to US$150 million to Banco Votorantim S.A. (banco BV or the Bank) to support climate-smart auto loans (flex-fuel, hybrid and electric vehicles) in Brazil, in line with one of IFC’s strategic pillars for the country: support investments in climate-smart and modern technologies to mitigate climate impact (the Project).
**Project contacts not available at the time of disclosure.**
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