Banco do Brasil to Join IDB Group's ReInvest+ to Mobilize Private Capital for Development

ANTALYA, Türkiye — Banco do Brasil (BB), one of Latin America's largest banks, is becoming the first Brazilian financial institution to join ReInvest+, the groundbreaking initiative launched by the Inter-American Development Bank Group (IDB Group) to mobilize private capital into developing projects in Latin America and the Caribbean.

This new step builds on the long-standing strategic partnership between BB and the IDB Group. 

ReInvest+ seeks to help close the financing gap for development by connecting international institutional investors managing more than $100 trillion in assets with developing economies through existing, performing loans originated by local banks.

By transforming these loans into securities suitable for international institutional investors, ReInvest+ enables banks to recycle capital and expand lending for investments aligned with national development priorities. 

"The world does not lack financial resources, just as developing countries do not lack investment opportunities. What has been missing is an effective way to connect the two at scale. ReInvest+ is the vehicle to bridge this gap," said Avinash Persaud, Special Advisor to the President of the IDB Group.

BB's Vice President of Government and Corporate Sustainability, José Ricardo Sasseron, said that ReInvest+ creates a bridge between BB's origination capacity and international private capital. "Joining the program reinforces our leading role in building financial solutions by expanding our ability to connect international investors to support sustainable development opportunities in Brazil."

The funds mobilized will be applied or reinvested in sustainable loans, in accordance with BB's Sustainable Finance Framework and Sustainable Loan Portfolio, as well as Brazil’s national development plans. BB portfolio currently exceeds R$435 billion, providing a solid base for structuring additional operations.

ReInvest+ builds on the IDB Group's trusted relationships with governments, local financial institutions, and international investors, and its ability to bring these participants together around a common framework. In doing so, ReInvest+ can help deepen local capital markets, expand lending capacity, and mobilize international savings for development.

Participation in ReInvest+ represents a further step in the partnership between BB and the IDB Group, with the potential to expand lending capacity, attract international private capital, and support investment in Brazil's long-term development.