Banco Santos S.A.

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Project Number: 
Expected Consideration Date by the Board: 
Date Posted: 
Banco Santos S.A.
Financing Requested: 
Financial Services
Scope Objective: 
The objective of the project is to provide funding to meet the medium- and long-term financial needs of small and medium-size Brazilian enterprises. IIC will provide a five-year, US$10 million line of credit to provide medium- and long-term financial for small and medium-size companies.
Environmental Review: 
This is a Category III project according to IIC's environmental review procedure. Each investment will be subject to an environmental review and must comply with national environmental laws, regulations and standards, as well as with applicable IIC policies. The Bank will be required to attend the IIC's environmental training seminar, which will provide basis for the recognition of environmental, safety and labor issues as well as IIC policy requirements.