Reporting – Bankinter (First Year Implementation Reporting)

Adoption Date:12 December 2016
Country of Headquarters:Spain
Region of Headquarters:Europe
Institutional Reporting Hyperlink:https://webcorporativa.bankinter.com/www2/corporativa/en/sostenibilidad/eje_economico/principios_ecuador
Current EPFI Reporting Year/Period:2017 (First Year Implementation)
EPFI Reporting in Compliance:Yes

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

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

PROJECT FINANCE ADVISORY SERVICES

First year grace period applies.

PROJECT FINANCE TRANSACTIONS

First year grace period applies.

PROJECT NAME REPORTING FOR PROJECT FINANCE TRANSACTIONS

First year grace period applies.

PROJECT-RELATED CORPORATE LOANS

First year grace period applies.

IMPLEMENTATION OF THE EQUATOR PRINCIPLES

In the due diligence processes before any financing or other agreements are formalised, and in keeping with the Equator Principles and social and environmental risk management policies, Bankinter will assess practices with regard to the environment, society and human rights; and act in accordance with the principles provided in its policies. Promoting sustainable, competitive and safe sources of energy is a key objective for Bankinter financing ventures.

Bankinter Investment Banking Area and Sustainability Area are in charge of complying with Equator Principles in applicable projects.

Moreover, in its Control and Risk Management Framework, Bankinter has defined “Principles related to the sustainability of investment” related to particularly controversial or risky sectors financing (Defence, Extractive and Agriculture Sectors), and where social and environmental impacts can be significant. To this end, Bankinter has developed  “Sector Financing Guidelines” to establish the measures and benchmarks that the Bank will follow in its decision making, always taking into account, and when possible, the best international practices and standards.

These guidelines reflect Bankinter’s commitment to sustainable development and the Bank focus on the follow-up of good practices by its clients.

Bankinter is committed to follow up on these guides and their correct application, as well as to its continuous revision, taking into account the best international practices and recommendations. The ultimate goal of these policies is to boost a transition of clients towards the best social, economic and environmental practices in the countries and communities in which they operate.

https://webcorporativa.bankinter.com/www2/corporativa/en/sostenibilidad/eje_economico/principios_ecuador

https://webcorporativa.bankinter.com/stf/traducciones/ingles/web_corporativa/responsabilidad_corporativa/eje_economico/project_finance_in_accordance_to_equator_principles.pdf