Banco de Crédito del Perú S.A.
The proposed loan consists of an up to US$30 million subordinated loan to Banco de Crédito del Perú S.A. for supporting the bank's long-term growth. The project will help strengthen the bank's balance sheet, diversify its sources of funding, maintain its strong liquidity position, and enhance its capital.
This is a category III project according to the IIC's environmental and labor review procedure because it could produce certain effects that may be avoided or mitigated by following generally recognized performance standards, guidelines, or design criteria. The bank commits to sending two people to the IIC's financial intermediary environmental training seminar to learn about the IIC’s requirements and become familiar with the operating procedures that leading financial institutions are implementing in response to global environmental issues.