Banco Pine S.A. adopts the Equator Principles
São Paulo, 07 December 2012
PINE, a wholesale bank specializing in maintaining long-term relationships with large companies and investors, hereby announces its adoption of the Equator Principles. PINE is the first and only Brazilian mid-sized bank to adopt such principles.
Fidelity Bank Plc Adopts the Equator Principles
Lagos, 01 November 2012
One of Nigeria’s leading Commercial banks, Fidelity Bank Plc, has further demonstrated its commitment to environmental sustainability by adopting the Equator Principles. The Equator Principles are a credit risk management framework for determining, assessing and managing environmental and social risk in project finance. The Principles are adopted voluntarily by financial institutions and are applied where total project capital costs exceed US$10 million. By adopting the Equator Principles, Fidelity Bank commits to providing loans only to projects where the borrower will comply with the Equator Principles.
MCB Adopts the Equator Principles
Port Louis, 15 May 2012
The Mauritius Commercial Bank Ltd. (MCB) is pleased to announce its adoption of the Equator Principles, a voluntary set of guidelines to assess and manage environmental and social risks in project finance. The Equator Principles were introduced in 2003 under the aegis of the World Bank and International Finance Corporation.
Banorte adopts the Equator Principles
CIBanco, first Mexican Bank to adopt the Equator Principles
Mexico City, 7 March 2012
CIBanco S.A. is the first Mexican bank to adopt the Equator Principles, and has committed to the assessment and management of social and environmental risks and impacts in its credit process. The Equator Principles is a framework for determining environmental and social risks in project finance transactions.
Aterios Capital Adopts the Equator Principles
Lagos, 1 March 2012
Aterios Capital, a young financial services company, has formally adopted the Equator Principles. Launched in June 2003, the Equator Principles commit financial institutions to ensure that the projects they finance promote socially responsible development and reflect sound environmental management practices.
Ecobank Applies Equator Principles to its Pan-African Project Finance Activities
Lomé, 1 January 2012
Ecobank Transnational Incorporated (ETI), the parent company of the Ecobank Group, announces its adoption of the Equator Principles, the industry standard for financial institutions active in project finance. Ecobank will apply the principles to project finance activities in all relevant sectors and across all of the 30 countries in Middle Africa in which it operates.
Banco Sabadell Adopts Equator Principles
Barcelona, 28 September 2011
Banco Sabadell has adopted the Equator Principles and will apply them to all financing structured under the Project Finance modality for new projects on a worldwide level with capital costs exceeding ten million dollars and in all industry sectors. Banco Sabadell is Spain’s sixth largest banking group, which is comprised of different banks, brands, subsidiaries and part-owned companies covering all areas of the financial business sector under a common denominator: professional performance and quality.
Ahli United Bank Adopts Equator Principles
Bahrain, 1 May 2011
Ahli United Bank (AUB) has adopted the Equator Principles, a globally-recognized benchmark for managing social and environmental risks in Project Finance. AUB will apply the principles to Project Finance activities in all sectors with capital costs of US$10 million or above, in accordance with the Equator Principles declaration.
Ex-Im Bank Adopts The Equator Principles To Facilitate Project Finance Application And Review
Washington D.C., 31 March 2011
The Export-Import Bank of the United States (Ex-Im Bank) today announced its adoption of the Equator Principles, a globally recognized benchmark for financial institutions to determine, assess and manage the social and environmental risks of international project financing.