BIC Bank - access2services Facility
The access2services Pilot Facility`s main objective is to explore efficient ways to increase commercially viable financing through financial institutions (FIs) to high positive social impact sectors. The proposed Facility entails long term financing to two key middle market banks (Banco BICE and BicBanco), which have expressed interest in increasing their portfolios in their core business as well as in the health and education sectors with support from the IDB.

Project Detail

Country

Brazil

Project Number

BR-L1338

Approval Date

December 13, 2011

Project Status

Closed

Project Type

Loan Operation

Sector

FINANCIAL MARKETS

Subsector

CAPITAL MARKET DEVELOPMENT

Lending Instrument

IDB Invest

Lending Instrument Code

IIC

Modality

PSL (Private Sector Loan)

Facility Type

-

Environmental and Social Impact Category (ESIC)

-

Total Cost

USD 207,917,777.00

Country Counterpart Financing

USD 0.00

Original Amount Approved

USD 49,728,256.00
Financial Information
Operation Number Lending Type Reporting Currency Reporting Date Signed Date Fund Financial Instrument
2675A/OC-BR-1 Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
2675A/OC-BR-2 Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Private Sector Financing
2675B/OC-BR-1 Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
2675B/OC-BR-2 Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
2675B/OC-BR-3 Non-Sovereign Guaranteed USD - United States Dollar Ordinary Capital Participant Financing
Operation Number 2675A/OC-BR-1
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing
Operation Number 2675A/OC-BR-2
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Private Sector Financing
Operation Number 2675B/OC-BR-1
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing
Operation Number 2675B/OC-BR-2
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing
Operation Number 2675B/OC-BR-3
  • Lending Type: Non-Sovereign Guaranteed
  • Reporting Currency: USD - United States Dollar
  • Reporting Date:
  • Signed Date:
  • Fund: Ordinary Capital
  • Financial Instrument: Participant Financing

Can’t find a document? Request information

 Implementation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-1204527503-18509
Agreement - Financial Closing - SCF
Brazil_ Loan 2675_OC-BR to Banco Industrial e Comercial S_A_ for the Access2services Pilot Facility [36549511].PDF
May. 16, 2014
English
https://www.iadb.org/document.cfm?id=EZSHARE-1204527503-18510
Agreement - Financial Closing - SCF
Brasil_ Préstamo 2675A_OC-BR a Banco Industrial e Comercial S_A_ [36549522].PDF
May. 16, 2014
Spanish
 Preparation Phase
https://www.iadb.org/document.cfm?id=EZSHARE-699229854-4
Environmental and Social Management Reports
Environmental and Social Management Report_ BICBANCO - Access2services [36506384].PDF
Nov. 04, 2011
English
https://www.iadb.org/document.cfm?id=EZSHARE-699229854-3
Project Abstract
Project Abstract - BICBANCO - Access2Services [36302614].PDF
Jul. 25, 2011
English
https://www.iadb.org/document.cfm?id=EZSHARE-699229854-2
Environmental and Social Strategies
Environmental and Social Strategy (ESS) - BICBANCO - Access2Services [36302591].PDF
Jul. 25, 2011
English

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