Banco Rabobank International Brasil S.A. II

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Project Number: 
BR1129B-01
Expected Consideration Date by the Board: 
05/26/2004
Date Posted: 
03/26/2004
Company: 
Banco Rabobank International Brasil S.A. II
Sector: 
Financial Services
Location: 
São Paulo
Country: 
Scope Objective: 

The project consists of a loan to finance the acquisition by the Borrower of 100% of the Senior quotas of a Receivables Investment Fund - Fundo de Investimento em Direitos Creditórios - set up to acquire discounted receivables issued by certain companies that finance small and medium- size enterprises.

Environmental Review: 

Environmental Classification and Issues:

This is a Category III project according to the IIC's environmental and labor review procedures because specific impacts might result which can be avoided or mitigated by adhering to generally recognized performance standards, guidelines or design criteria. Each subproject will be required to comply with national environmental and labor laws, regulations and standards as well as IIC policies. To enable the Borrower to better understand the IIC's requirements, Rabobank shall be required to attend IIC's financial intermediary environmental training seminar.