PROJECT

Projects

Summary of Investment Information

Project Number

48428

Company Name

BANCO VOTORANTIM S.A.

Date SPI Disclosed

Apr 25, 2024

Country

Brazil

Region

Latin America and the Caribbean

Projected Board Date

May 31, 2024

Environmental Category

FI-3 - No Impact

Status

Pending Signing

Last Updated Date

Apr 26, 2024

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Nov 11, 2004

Sector

Commercial Banking - Trade

Project Description

  The proposed investment consists of an unfunded trade finance facility under IFC’s Global Trade Finance Program (GTFP) of up to US$70 million with Banco Votorantim.

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation