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SanChile RSF V

Sector: Waste Processing and Treatment • Location: Chile

Source: International Finance Corporation (IFC)

Project
Active

SanChile RSF V consists of an unfunded risk-sharing facility (“RSF”) with Banco Santander Chile (“Santander”, “Santander Chile” or the “Bank”) targeting a trade finance credit portfolio, totaling at least US$500 mm, with an IFC gross exposure of up to US$400 million (the “Project”). The Project provides an efficient risk-mitigation tool for Santander to optimize its capital usage and redeploy the

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The project “SanChile RSF V” is an infrastructure initiative in the Waste Processing and Treatment sector, located in Chile. Taiyo aggregates data on it from International Finance Corporation (IFC).

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active

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Description

Description

SanChile RSF V consists of an unfunded risk-sharing facility (“RSF”) with Banco Santander Chile (“Santander”, “Santander Chile” or the “Bank”) targeting a trade finance credit portfolio, totaling at least US$500 mm, with an IFC gross exposure of up to US$400 million (the “Project”). The Project provides an efficient risk-mitigation tool for Santander to optimize its capital usage and redeploy the freed capital into micro, small and medium enterprise (MSME) loans in Chile, with at least 50% being redeployed to MSMEs investing in energy efficiency initiatives, waste management and low-carbon transportation assets.To optimize the credit protection provided to the Bank, IFC mobilized a third-party investor to provide first-loss protection to IFC.

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Source reliability

High

Data quality score

100%

Source

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URL

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