Bansicredi
Sector: Commercial • Location: Brazil
Source: International Finance Corporation (IFC)
Banco Cooperativo Sicredi S.A. (“Bansicredi” or the “Bank”) is the bank of the Sicredi Cooperative System (“Sicredi” or the “System”). With origins dating back to 1902, Sicredi has evolved from a small network of rural credit cooperatives to a sophisticated financial intermediary, the 6th largest in Brazil in terms of branch network. The Bank serves as an instrument to enhance the solidity of the
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | completed |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | Banco Cooperativo Sicredi S.A. (“Bansicredi” or the “Bank”) is the bank of the Sicredi Cooperative System (“Sicredi” or the “System”). With origins dating back to 1902, Sicredi has evolved from a small network of rural credit cooperatives to a sophisticated financial intermediary, the 6th largest in Brazil in terms of branch network. The Bank serves as an instrument to enhance the solidity of the System, to manage its liquidity, funding, risk, etc, and to standardize credit culture and policies, with the ultimate goal of increasing access to finance of the individuals who are members of the cooperatives of the Sicredi system.The project, which consists in the provision by IFC of subordinated debt to the Bank, as well as acquiring a participation in its share capital, will support and accelerate the growth of the credit portfolio of cooperatives members of Sicredi. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |