Banco Guayaquil
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
Investment field
Financial Institutions
Activity
Commercial Bank
Organisation
Banco Guayaquil
Website
https://www.bancoguayaquil.com/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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