PROJECT

Projects

Summary of Investment Information

Project Number

51397

Company Name

Santander Uruguay RSF

Date SPI Disclosed

Oct 28, 2025

Country

Uruguay

Region

Latin America and the Caribbean

Projected Board Date

Dec 10, 2025

Environmental Category

FI-2 - Limited

Status

Active

Last Updated Date

Dec 21, 2025

Department

Regional Industry FIG LAC & EUR

Industry

Financial Markets

Previous Events

Approved : Dec 11, 2025
Signed : Dec 18, 2025
Invested : Dec 18, 2025

Sector

Commercial Banking - General

Project Description

 The proposed project consists of an unfunded risk-sharing facility (“RSF”) with Banco Santander Uruguay (“Santander” or the “Bank”) on a diversified portfolio of medium and large corporate loans totalling up to US$277.8 million, with an IFC gross exposure of up to US$250 million (the “Project”). 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 micro, small and medium enterprises (MSMEs) origination lending activities (the “Project”).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation