Banco Cooperativo Sicredi

Banco Cooperativo Sicredi - AIIB Financing

Industry
Social projects/Entrepreneurship/Employment creation
Area of finance
Development Bank Finance
Region
Latin America
Latin America
Countries
Brazil

Project Overview

AIIB has approved a $100 million loan to Banco Sicredi, Brazil’s first cooperative bank, to support the expansion of small-scale solar energy solutions for households and SMEs across the country. This initiative is expected to help make electricity more affordable for small-scale consumers...

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Deal Volume
$100m
Financial Close
23/06/2025
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Tranches

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