📋 Tender Overview
COMPANY NAME
Production Bank SA Produbanco
PROJECT NUMBER
15624-01
FI-2 operations are those where the risk potential is considered medium: the FI’s current or future portfolio consists of or is expected to consist of, business activities that have potential limited adverse environmental or social risks or impacts that are few in number, generally site-specific, largely reversible, and readily addressed through mitigation measures; or includes a very limited number of business activities with potential adverse environmental or social risks or impacts that are diverse, irreversible, or unprecedented.
E&S CATEGORY tooltip
FI-2
COUNTRY
Ecuador
SECTOR
Financial Institutions
STATUS
Proposed
DISCLOSED DATE
09/19/2025
Projected date at which a project will be put forward for the Board of Executive Directors’ approval.
PROJECTED BOARD DATE tooltip
11/11/2025
APPROVAL DATE
N/A
SIGNED DATE
N/A
SPONSORING ENTITY
N/A
INVESTMENT OPERATIONS DEPARTMENT CONTACT
Financial Institutions Division
INVESTMENT TYPE
Loan
SYNDICATED AMOUNT
N/A
FINANCING AMOUNT
USD $ 50,000,000
CURRENCY
USD
Project scope and objective
The project consists of supporting Banco de la Producción S.A. Produbanco ( Produbanco or the Bank ) in strengthening its capital through a subordinated loan for a total amount of up to US$50 million, financed by IDB Invest. This loan is composed of: (i) a committed tranche of up to US$20 million; and (ii) an uncommitted tranche of up to US$30 million. The financing term will be up to eight years. The funds will be used to boost the growth of Produbanco’s Small and Medium-Sized Enterprise ("SME") portfolio and green portfolio in Ecuador.
Additionally, the project will be accompanied by technical advisory services, defined jointly with Produbanco, with the aim of strengthening its sustainability strategy in the SME and/or green portfolio.
