BANCO REGIONAL S.A.E.C.A.
Status: Completed investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Banco Regional S.A.E.C.A ("Regional") is one of the largest banks in Paraguay with a leading market position in agribusiness and industry. Paraguay's economic expansion is mostly driven by its agricultural sector, which is associated with a number of environmental and social risks. Regional is committed to the management of these risks and in order to do so, the bank advises clients in the identification, analysis and management of environmental and social risks related to their activities or projects. Banco Regional’s commitment to present and future generations encompasses sustainable development, support to conservation initiatives and Environmental and Social (E&S) investments. This means not only respecting environmental and social considerations in lending activities, but also making available resources to promote environmental and social sustainability.
What is our funding objective?
FMO signed a USD 40 million syndicated loan for Banco Regional. USD 15 million of the transaction was syndicated to the Belgian Investment Company for Developing Countries (BIO). FMO provides scarce long tenor funding to Regional’s corporate and SME clients and provides leverage to deepen our partnership with Regional on environmental risk management.
Why do we fund this investment?
Banco Regional is an important member of the Paraguayan Roundtable for Sustainable Finance (in Spanish, Mesa de Finanzas Sostenibles del Paraguay). This is a sector initiative supported by FMO which promotes E&S risk management in the Paraguayan banking sector. Moreover, FMO is working with Banco Regional on the elaboration of an E&S guide for the agribusiness sector to advise local investment officers on how to challenge and inspire farmers on compliance with E&S laws and working towards best E&S practices.
More investments
| Date | Total FMO financing |
|---|---|
| 11/28/2018 | EUR 0.03 MLN |
- Region
- Latin America & The Caribbean
- Country
- Paraguay
- Sector
- Financial Institutions
- Effective date
- 12/16/2014
- End date
- 2/17/2022
- Total FMO financing
- USD 25.00 MLN
- Funding
- FMO NV
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - A