Bansicredi SME (IFC-601101)

Countries
  • Brazil
Where the impacts of the investment may be experienced.
Financial Institutions
  • International Finance Corporation (IFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Active
Bank Risk Rating
U
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Voting Date
Aug 13, 2015
The estimate day the bank will vote on a proposed investment. The decision dates may change, so review updated project documents or contact the EWS team.
Borrower
Bansicredi
The holder of the loan, grant, or other investment.
Sectors
  • Finance
The service or industry focus of the investment. A project can have several sectors.
Project Cost (USD)
$ 0.12 million
Value listed on project documents at time of disclosure. If necessary, converted to USD$. Please see updated project documentation for more information.
Primary Source

Original disclosure @ IFC website

Updated in EWS Feb 12, 2018

Disclosed by Bank Apr 6, 2017


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Project Description

This project will support Bansicredi to grow its SME and retail businesses and further increase the Banks profitability per client by growing its wallet share.

Expected Development Impact

The expected development impact of this project is to support Bansicredi grow its SME and retail businesses thereby aiming to help enhance its capacity to sustainably grow the provision of formal financial services for small and medium enterprises in Brazil.

 

People Affected By This Project

The expected development impact of this project is to support Bansicredi grow its SME and retail businesses thereby aiming to help enhance its capacity to sustainably grow the provision of formal financial services for small and medium enterprises in Brazil.

Investment Description
  • International Finance Corporation (IFC)
Contact Information

ACCOUNTABILITY MECHANISM OF IFC

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