All agreed loans

International. Corporación Andina de Fomento

Date of loan: 16 Nov 2009
Country: International
Customer: Corporación Andina de Fomento
Amount in USD: USD 60 million
Amount in EUR: EUR 40 million
Maturity: 12 years
NACE sector / loan type: Loan programme
Business area: Financial institutions and SMEs

Project

The loan programme has been provided for financing projects of mutual interest to the member countries of NIB and CAF. The aim is to allocate sub-loans to be financed under the programme for projects in the sectors of energy, the environment, infrastructure and transport.

Established in 1970, CAF is a multilateral financial institution owned by Argentina, Brazil, Bolivia, Chile, Colombia, Costa Rica, Dominican Republic, Ecuador, Jamaica, México, Panama, Paraguay, Peru, Portugal, Spain, Trinidad & Tobago, Uruguay, Venezuela, and 14 private banks in the region. The bank mobilises resources from international markets to Latin America, in order to promote sustainable economic development and regional integration.

Sustainability summary

CAF has an environmental policy and a system for considering environmental issues in its credit process, including a free-standing environmental department.