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AR-L1116 : Banco de Galicia y Buenos Aires S.A. Sustainable Facility

Project Status: Cancelled

The proposed Facility would support BG¿s initiative to start growing a portfolio of sub-projects with elevated sustainable environmental benefits in Argentina, particularly in the areas of agriculture, renewable energy and energy efficiency. By emphasizing the SME segment, the Facility further provides additionality in terms of the social inclusion of smaller entrepreneurs and job creation.

Project Detail

Project Number
AR-L1116
Approval date
July 28, 2010
Project Country
Argentina
Project Sector
FINANCIAL MARKETS
Project Subsector
BANKING MARKET DEVELOPMENT
Project Type
Loan Operation
Project Lending Type
NSG
Project Modality
PSL (Private Sector Loan)
Project Facility Type
Project Status
Cancelled
Operation Number
2354A/OC-AR

Financial Information

Project Number
AR-L1116
Project Status
Cancelled

IDB Financing

Financing type
PSL
Fund
Ordinary Capital
Reporting currency
USD - United States Dollar
Reporting date
Jun/30/2023

Roles & Responsibilities

Contract signature date
Feb/15/2011

Project Information

Total Cost
USD 30,000,000
Country counterpart financing
USD 0
Amount
USD 30,000,000

Preparation

Title
Type
Project Number
Date Published
Environmental & Social Management Reports
AR-L1116
June 29, 2010
Environmental & Social Strategies
AR-L1116
May 17, 2010