PROJECT

Projects

Summary of Investment Information

Project Number

38717

Company Name

BANQUE CENTRALE POPULAIRE SA

Date SPI Disclosed

Jan 9, 2017

Country

Morocco

Region

Africa

Projected Board Date

Jan 31, 2017

Environmental Category

FI-1 - Significant

Status

Completed

Last Updated Date

Sep 30, 2022

Department

Global Industry, Financial Markets

Industry

Financial Markets

Previous Events

Approved : Mar 9, 2017
Signed : Jun 16, 2017
Invested : Jun 29, 2017

Sector

Commercial Banking - General

Project Description

The proposed project is to invest in a green bond to be issued by Banque Centrale Populaire (“BCP” or the “Bank”). The proceeds raised through the issuance of the green bond will be used to refinance eligible renewable energy infrastructure projects in Morocco. The bond will be issued in accordance with the Green Bond Principles.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation