Banco Guayaquil

Debt of May 2019

Banco Guayaquil is an Ecuadorian universal bank with more than 95 years of experience in the country, an excellent track record and a significant MSME portfolio.

Amount

€ 13,100,400.00

Type of investment

Debt

Development impacts

  • Local economic growth
  • Promotion of ESG best practices

Beneficiary locations

Latin America: Ecuador

Investment field

Financial Institutions

Activity

Commercial Bank

Organisation

Banco Guayaquil

BIOs investment will be used towards MSMEs as well as for financing green businesses and energy efficiency projects.

Development impacts

  • Local economic growth

    Financing Banco Guayaquil will improve local MSME financing and bring innovative products to the SME financing market (launch of green products);
    Through its “Banco del Barrio” network (small shops) offering Banco Guayaquil’s products, revenues of small entrepreneurs/shop owners (today 5.000) are enhanced and diversified.

  • Promotion of ESG best practices

    Promotion of good social practices: Banco Guayaquil is Smart Campaign (CPP) certified.

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