De Volksbank (2020)

Signing Date 25 Nov 2009
Region of Headquarters: Europe
Current EPFI Reporting Year/Period: 2020
Institutional Reporting: Link to Report

 

Please read the important notes and disclaimer for further information on ‘EPFI Reporting’, compliance and publication on the EP website.

Further information on this EPFI may be obtained through the Institutional Reporting hyperlink.

Project Finance Advisory Services

Total number mandated in the reporting period: 0

Project Finance Transactions

Total number that reached Financial Close in the reporting period: 0

Project-related Refinance & Project-related Acquisition For Project Finance

This information is required under EP4. EP4 applies for those transactions mandated after 1 October 2020 and that have reached Financial Close by the end of the period being reported.

Project-Related Corporate Loans

Total number that reached Financial Close in the reporting period: 0

Project-related Refinance & Project-related Acquisition For Project-related Corporate Loans

This information is required under EP4. EP4 applies for those transactions mandated after 1 October 2020 and that have reached Financial Close by the end of the period being reported.

Implementation of the Equator Principles

De Volksbank has four brands (ASN Bank, BLG Wonen, RegioBank and SNS). ASN Bank is the only brand which finances projects. An important distinction must be made between ASN Bank and ASN Impact Investors (previously ASN Beleggingsfondsen N.V., the name has changed in May 2021). Both are part of de Volksbank but ASN Bank operates under the banking license of de Volksbank. ASN Impact Investors operate under their own license. Below we will make a distinction between ASN Bank and ASN Impact Investors.

ASN Bank:
In 2020, we did not provide any loans subject to the Equator Principles. The Equator Principles describe three risk categories, ranging from potential significant adverse social or environmental impacts (category A) to minimal or no social or environmental impacts (C). ASN Bank endorses the Equator Principles. In addition to our own sustainability criteria, we apply the Equator Principles to all project finance in excess of USD 10 million (i.e. € 8 million).

ASN Impact Investors:
In 2020, we did not provide any loans subject to the Equator Principles. The Equator Principles describe thee risk categories, ranging from potential significant adverse social or environmental impacts (category A) to minimal or no social or environmental impacts (C). In addition to our own sustainability criteria, we apply the Equator Principles to all project finance in excess of USD 10 million (i.e. € 8 million). The projects outside Europe are researched by FMO and they conduct a very extensive due diligence including the IFC performance standards.

De Volksbank core & more reports 2020 here.

De Volksbank annual report here.

De Volksbank ESG report here.

ASN Bank Jaaroverzicht here.

ASN Impact Investors (previously ASN Beleggingsfondsen) annual report here.

ASN Impact Investors, impact report here.