PROJECT

Projects

Summary of Proposed Investment

Project Number

25527

Company Name

Banco ABN Amro Real S/A.

Date SPI Disclosed

May 29, 2007

Country

Brazil

Industry

Health, Education and Life Sciences

Projected Board Date

Jun 29, 2007

Status

Completed

Sector

Colleges, Universities, and Professional Schools

Department

Regional Industry MAS LAC & EUR

Environmental Category

C - No Impact

Previous Events

Approved : Feb 20, 2008
Signed : Mar 5, 2008

Project Description

Banco Real, a leading Brazilian bank wholly owned by ABN AMRO, is developing a lending program (the Program) to provide financing to undergraduate and working adult students in Brazil. The Program is designed to increase and facilitate access to post secondary education to lower and middle income students. Banco Real approached IFC with a request to:

- assist in structuring the Program; and
- risk-share certain credit losses in excess of a pre-determined first loss amount.

The initial size of the Program is expected to be approximately R$50 million, equivalent to approximately $25 million.

Sponsor / Cost / Location

Development Impact