PROJECT

Projects

Summary of Investment Information

Project Number

50542

Company Name

RSF Santander Mexico III

Date SPI Disclosed

Feb 24, 2026

Country

Mexico

Region

Latin America and the Caribbean

Projected Board Date

Mar 20, 2026

Environmental Category

FI-2 - Limited

Status

Pending Disbursement

Last Updated Date

Apr 2, 2026

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Mar 27, 2026
Signed : Mar 30, 2026

Sector

Capital Markets Financing Company (Including Investment Banking)

Project Description

  The proposed investment consists of a Synthetic Risk Transfer (SRT) in which IFC will provide to Banco Santander Mexico S.A. (Santander Mexico or the Bank) an unfunded guarantee on credit losses up to MXN1.6 billion (US$88.1 million equivalent), representing the mezzanine tranche of a MXN27.4 billion (US$1.5 billion equivalent) reference portfolio from the Bank’s eligible credit exposures.

IFC’s guarantee will enable the Bank to use the regulatory capital freed up through the reference portfolio to generate more risk-weighted assets and support its sustainable origination lending activities (the Project). 

                                                 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation