PROJECT

Projects

Summary of Investment Information

Project Number

39057

Company Name

BANCO DAVIVIENDA S A

Date SPI Disclosed

Apr 27, 2017

Country

Colombia

Region

Latin America and the Caribbean

Projected Board Date

Jan 11, 2017

Environmental Category

FI-1 - Significant

Status

Active

Last Updated Date

Apr 27, 2017

Department

Regional Industry - FIG LAC

Industry

Financial Markets

Previous Events

Approved : Jan 11, 2017
Signed : Apr 17, 2017
Invested : Apr 25, 2017

Sector

Commercial Banking - General

Project Description

The project entails a Green Bond to be issued by Banco Davivienda S.A. ("Davivienda" or the "Bank") in the Colombian Segundo Mercado, which will be fully subscribed by IFC. The Green Bond proceeds will be used for renewable energy, green building, energy efficiency and cleaner production sub-projects in Colombia.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation