New Banco Real Sustainability Credit Line

completed

_x000C_The project entails a $200 million-equivalent credit line to be provided to Banco ABN AMRO Real S.A. (Banco Real or the Bank). Funding provided by IFC to the Bank will be in local currency.Proceeds from the credit line will be used by Banco Real for on-lending activities to support three forms of sustainability-oriented business activities at the Bank: environment-related lending, supply chain-related lending, as well as credit support for family-owned middle market companies that improve their corporate governance practices. The on-lending will be identical to that of prior IFC Sustainability Credit Lines (SCLs) currently outstanding to Banco Real.The project is intended to encourage further sustainability-targeted (in particular, environment-related, supply chain-related, and corporate governance-related) reforms in Brazilian companies, like those already being engendered by prior SCLs outstanding to Banco Real.