Original disclosure @ FMO website
Updated in EWS Jun 21, 2023
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According to bank provided information, the funds will be used to finance BCI's pipeline of infrastructure projects which are in need of long-term USD funding, which is very scarce at the moment. These projects have strong linkages to other economic sectors, therefore boosting employment creation. Moreover, our facility improves the bank's maturity profile.
Incorporated in 1996, Banco Comercial e de Investimentos ("BCI") is the largest bank in Mozambique. The bank provides a wide range of corporate, retail and commercial banking services to >1.5mln clients through a network of over 193 branches and outlets. The main shareholders are Portuguese banks Caixa Geral de Depositos (CGD) and Banco Portugues de Investimento (BPI).
FUNDING OBJECTIVE
Private Actor 1 | Private Actor 1 Role | Private Actor 1 Sector | Relation | Private Actor 2 | Private Actor 2 Role | Private Actor 2 Sector |
---|---|---|---|---|---|---|
Ascendi Group | Parent Company | Transport | owns | Douro Interior Motorway (272KM) PPP Refinancing | Client | Transport |
Atlas Holdings LLC | Parent Company | Mining | owns | Alcoa Transformacion de Produc | Client | Mining |
Caixa Geral de Depósitos | Investor | Finance | invests in | Acciona SA | Parent Company | Transport |
Caixa Geral de Depósitos | Investor | Finance | invests in | Aernnova Aerospace Corp SA | Client | Transport |
Caixa Geral de Depósitos | Investor | Finance | invests in | Alcoa Transformacion de Produc | Client | Mining |
Caixa Geral de Depósitos | Investor | Finance | invests in | Alto Tajo Solar | Parent Company | Energy |
Caixa Geral de Depósitos | Investor | Finance | invests in | ARTECHE LANTEGI ELKARTEA SA | Parent Company | Energy |
Caixa Geral de Depósitos | Investor | Finance | invests in | Ascendi Group | Parent Company | Transport |
Caixa Geral de Depósitos | Investor | Finance | invests in | Atlas Holdings LLC | Parent Company | Mining |
Caixa Geral de Depósitos | Investor | Finance | invests in | AZVI SA | Parent Company | Construction |
Caixa Geral de Depósitos | Investor | Finance | invests in | Bondalti Chemicals Sa | Parent Company | Industry and Trade |
Caixa Geral de Depósitos | Investor | Finance | invests in | CascaiShopping | Client | Industry and Trade |
Caixa Geral de Depósitos | Investor | Finance | invests in | CK Hutchison Holdings Ltd | Parent Company | Energy |
Caixa Geral de Depósitos | Investor | Finance | invests in | Douro Interior Motorway (272KM) PPP Refinancing | Client | Transport |
Caixa Geral de Depósitos | Investor | Finance | invests in | Douro Interior Road | Parent Company | Transport |
Caixa Geral de Depósitos | Investor | Finance | invests in | EDP Energias de Portugal SA | Parent Company | Energy |
Caixa Geral de Depósitos | Investor | Finance | invests in | EDP Finance BV | Parent Company | Energy |
Caixa Geral de Depósitos | Investor | Finance | invests in | Engie SA | Parent Company | Energy |
Caixa Geral de Depósitos | Investor | Finance | invests in | Ercros SA | Parent Company | Industry and Trade |
Caixa Geral de Depósitos | Investor | Finance | invests in | Estudio Ceramico | Parent Company | Construction |
Caixa Geral de Depósitos | Investor | Finance | invests in | FCC | Client | Construction |
Caixa Geral de Depósitos | Investor | Finance | invests in | First Capital Partner GmbH | Parent Company | Industry and Trade |
Caixa Geral de Depósitos | Investor | Finance | invests in | Galp Energia SGPS SA | Parent Company | Mining |
Caixa Geral de Depósitos | Investor | Finance | invests in | Grupo Celsa | Parent Company | Mining |
Caixa Geral de Depósitos | Investor | Finance | invests in | Grupo Empresarial Conesa Sl | Parent Company | Agriculture and Forestry |
Caixa Geral de Depósitos | Investor | Finance | invests in | Grupo Logistico Sese SL | Parent Company | Transport |
Caixa Geral de Depósitos | Investor | Finance | invests in | Iberwind II Producao - Socie | Client | Energy |
Caixa Geral de Depósitos | Investor | Finance | invests in | Inmobiliaria Carso SA de CV | Parent Company | Construction |
Caixa Geral de Depósitos | Investor | Finance | invests in | Inver Angelini | Parent Company | Construction |
Caixa Geral de Depósitos | Investor | Finance | invests in | Las Vegas Sands Corp | Parent Company | Industry and Trade |
Caixa Geral de Depósitos | Investor | Finance | invests in | MCO Nominee One Ltd | Client | Finance |
Caixa Geral de Depósitos | Investor | Finance | invests in | Melco Intl Dvlp Ltd | Parent Company | Finance |
Caixa Geral de Depósitos | Investor | Finance | invests in | Monet | Client | Energy |
Caixa Geral de Depósitos | Investor | Finance | invests in | MonteAdriano | Parent Company | Transport |
Caixa Geral de Depósitos | Investor | Finance | invests in | MSC Kreuzfahrten AG | Parent Company | Transport |
Caixa Geral de Depósitos | Investor | Finance | invests in | Msc Mediterranean Shipping Co | Client | Transport |
Caixa Geral de Depósitos | Investor | Finance | invests in | Nard Agro | Parent Company | Agriculture and Forestry |
Caixa Geral de Depósitos | Investor | Finance | invests in | NorteShopping(IMO-R) | Client | Industry and Trade |
Caixa Geral de Depósitos | Investor | Finance | invests in | Redexis Gas | Parent Company | Mining |
Caixa Geral de Depósitos | Investor | Finance | invests in | Sands China Ltd | Client | Industry and Trade |
Caixa Geral de Depósitos | Investor | Finance | invests in | Sonae Arauco SA | Client | Construction |
Caixa Geral de Depósitos | Investor | Finance | invests in | Synergy Industry & | Parent Company | Transport |
Caixa Geral de Depósitos | Investor | Finance | invests in | TIAA | Parent Company | Industry and Trade |
CK Hutchison Holdings Ltd | Parent Company | Energy | owns | Iberwind II Producao - Socie | Client | Energy |
Engie SA | Parent Company | Energy | owns | Monet | Client | Energy |
First Capital Partner GmbH | Parent Company | Industry and Trade | owns | CascaiShopping | Client | Industry and Trade |
Inmobiliaria Carso SA de CV | Parent Company | Construction | owns | FCC | Client | Construction |
Inver Angelini | Parent Company | Construction | owns | Sonae Arauco SA | Client | Construction |
Las Vegas Sands Corp | Parent Company | Industry and Trade | owns | Sands China Ltd | Client | Industry and Trade |
Melco Intl Dvlp Ltd | Parent Company | Finance | owns | MCO Nominee One Ltd | Client | Finance |
MonteAdriano | Parent Company | Transport | owns | Douro Interior Motorway (272KM) PPP Refinancing | Client | Transport |
MSC Kreuzfahrten AG | Parent Company | Transport | owns | Msc Mediterranean Shipping Co | Client | Transport |
Synergy Industry & | Parent Company | Transport | owns | Aernnova Aerospace Corp SA | Client | Transport |
TIAA | Parent Company | Industry and Trade | owns | NorteShopping(IMO-R) | Client | Industry and Trade |
*Contact information not provided at the time of disclosure*
ACCOUNTABILITY MECHANISM OF FMO
Communities who believe they will be negatively affected by a project funded by the Dutch Development Bank (FMO) may be able to file a complaint with the Independent Complaints Mechanism, which is the joint independent accountability mechanism of the Dutch Development Bank (FMO) and the German Investment Corporation (KfW) . A complaint can be filed in writing, by email, post, or online. The complaint can be filed in English or any other language of the complainant. The Independent Complaints Mechanism is comprised of a three-member Independent Expert Panel and it can provide either problem-solving, compliance review or both, in either order. Additional information about this accountability mechanism, including a guide and template for filing a complaint, can be found at: https://www.fmo.nl/independent-complaints-mechanism