PROJECT

Projects

Summary of Investment Information

Project Number

47624

Company Name

BANCO SANTANDER CHILE

Date SPI Disclosed

Mar 22, 2024

Country

Chile

Region

Latin America and the Caribbean

Projected Board Date

Dec 20, 2023

Environmental Category

FI-3 - No Impact

Status

Active

Last Updated Date

Apr 3, 2024

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Dec 20, 2023
Signed : Dec 21, 2023
Invested : Dec 22, 2023

Sector

Commercial Banking - General

Project Description

The investment consists of a 4-year senior unsecured bullet A loan of US$200 million to Banco Santander Chile (“Santander” or the “Bank”) to support its mortgage lending operations with 100% of those proceeds allocated to women. 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation