PROJECT

Projects

Summary of Investment Information

Project Number

39659

Company Name

BANCO SANTANDER BRASIL SA

Date SPI Disclosed

Oct 3, 2017

Country

Brazil

Region

Latin America and the Caribbean

Projected Board Date

Nov 2, 2017

Environmental Category

FI-2 - Limited

Status

Completed

Last Updated Date

Jun 12, 2021

Department

Regional Industry - FIG LAC

Industry

Financial Markets

Previous Events

Approved : Nov 27, 2017
Signed : Dec 1, 2017
Invested : Dec 8, 2017

Sector

Commercial Banking - Trade and Supply Chain

Project Description

The proposed investment (the “Project”) consists of a 1-year straight senior loan for up to US$150

million to Banco Santander Brasil S.A. (“Santander” or the “Bank”). The Project, which can be

renewed twice for up to 3 years at IFC's discretion, will support the Bank's financing of its BRL denominated trade and working capital local portfolios, with special focus on SMEs.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation