📋 Tender Overview
Project Number
50254
Company Name
BANCO BILBAO VIZCAYA ARGENTARIA COLOMBIA S A
Date SPI Disclosed
Apr 25, 2025
Country
Colombia
Region
Latin America and the Caribbean
Projected Board Date
Apr 18, 2025
Environmental Category
FI-2
Status
Active
Last Updated Date
Department
Regional Industry FIG LAC & EUR
Industry
Financial Institutions
Previous Events
Approved : Apr 18, 2025
Signed: Apr 25, 2025
Invested: Apr 29, 2025
Sector
Commercial Banking - General
Project Number
50254
Company Name
BANCO BILBAO VIZCAYA ARGENTARIA COLOMBIA S A
Date SPI Disclosed
Apr 25, 2025
Country
Colombia
Region
Latin America and the Caribbean
Projected Board Date
Apr 18, 2025
Environmental Category
FI-2
Status
Active
Last Updated Date
Department
Regional Industry FIG LAC & EUR
Industry
Financial Institutions
Previous Events
Approved : Apr 18, 2025
Signed: Apr 25, 2025
Invested: Apr 29, 2025
Sector
Commercial Banking - General
Project Number
50254
Company Name
BANCO BILBAO VIZCAYA ARGENTARIA COLOMBIA S A
Date SPI Disclosed
Apr 25, 2025
Country
Colombia
Region
Latin America and the Caribbean
Projected Board Date
Apr 18, 2025
Environmental Category
FI-2
Status
Active
Last Updated Date
Department
Regional Industry FIG LAC & EUR
Industry
Financial Institutions
Previous Events
Approved : Apr 18, 2025
Signed: Apr 25, 2025
Invested: Apr 29, 2025
Sector
Commercial Banking - General
Project Number
50254
Company Name
BANCO BILBAO VIZCAYA ARGENTARIA COLOMBIA S A
Date SPI Disclosed
Apr 25, 2025
Country
Colombia
Region
Latin America and the Caribbean
Projected Board Date
Apr 18, 2025
Environmental Category
FI-2
Status
Active
Last Updated Date
Department
Regional Industry FIG LAC & EUR
Industry
Financial Institutions
Previous Events
Approved : Apr 18, 2025
Signed: Apr 25, 2025
Invested: Apr 29, 2025
Sector
Commercial Banking - General
Project Description
The proposed project consists of a consists of an up to US$45 million 10-year non-call 5 (10NC5) Basel 3 Tier II (B3T2) compliant subordinated bond to be issued by Banco Bilbao Vizcaya Argentaria Colombia S.A. ( BBVA Colombia or the Bank ) and subscribed by IFC. The proceeds of the bond will be used to finance businesses and projects that prevent losses in biodiversity and/or protect nature comprising activities related to productive land uses for climate-smart agriculture, sustainable freshwater/marine production, waste and plastic management, eco-tourism, forestry and plantations, land use conservation and marine habitat conservation.
Associated Advisory Engagement
The project will involve an Advisory Services component to complement the current biodiversity-related advisory engagement with the Bank. These will include trainings in ecotourism and smart/regenerative agriculture for projects in the Amazon region.
