BANCO DE CRÉDITO

Adoption Date: 22 January 2013
Country of Headquarters: Peru
Region of Headquarters: Latin America
Institutional Reporting Hyperlink: http://www.responsabilidadsocialbcp.com/reportes.html
Current EPFI Reporting Year/Period: 2016
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


Total number mandated in the reporting period: 0

 

PROJECT FINANCE TRANSACTIONS


Total number that reached financial close in the reporting period:
4

 

Totals
1
0
3
Sector
Category A
Category B
Category C
Mining


Infrastructure

2
Oil & Gas 1

Power

1
Others


Region
Category A
Category B
Category C
Americas 1
3
Europe, Middle East & Africa


Asia Pacific


Country Designation
Category A
Category B
Category C
Designated1


Non-Designated 1
3
Independent Review
Category A
Category B
Category C
Yes 1

No

3
Totals
1
0
3

1Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment. For the list of Designated Countries, go to: http://www.equator-principles.com/index.php/ep3/designated-countries


PROJECT NAME REPORTING FOR PROJECT FINANCE TRANSACTIONS

No. Project Name
Sector
Host Country Name/ Project Location Year of Financial Close
1 Proveedor primario proyecto inmobiliario Infrastructure Peru 2016
2 Construcción de variante al lado derecho del río San Gabán Infrastructure Peru 2016
3 Crédito sindicado para compra de participación de Odebrecht en el proyecto Gaseoducto Sur Oil & Gas Peru 2016
4 Central Térmica Luren Power Peru 2016


PROJECT-RELATED CORPORATE LOANS


Total number that reached financial close in the reporting period: 2

Totals
0
0
2
Sector
Category A
Category B
Category C
Mining


Infrastructure

2
Oil & Gas


Power


Others


Region
Category A
Category B
Category C
Americas

2
Europe, Middle East & Africa


Asia Pacific


Country Designation
Category A
Category B
Category C
Designated1


Non-Designated

2
Independent Review
Category A
Category B
Category C
Yes


No

2
Totals
0
0
2

1Designated Countries are those countries deemed to have robust environmental and social governance, legislation systems and institutional capacity designed to protect their people and the natural environment. For the list of Designated Countries, go to: http://www.equator-principles.com/index.php/ep3/designated-countries


IMPLEMENTATION OF THE EQUATOR PRINCIPLES

As part of its corporate commitment to sustainability, Banco de Crédito - BCP, the leading Peruvian financial institution, announced on January 22nd 2013 its adoption of the Equator Principles (EP). By incorporating the Equator Principles into BCP’s Credit Risk Management Policy, the bank is strengthening its risk analysis and assessment, especially of investment projects. Moreover, by embracing these principles the bank joins an important group of international financial institutions that are implementing best social and environmental risk management practices.

BCP has incorporated the EP III requirements for the analysis of environmental and social risks within its methodology and tools (such as a check- list and due diligence to analyze issues such as the project scope, climate change issues, human rights and reporting requirements).

The guidelines for EP application process include an outsourcing model, in which independent experts seek to identify risks and social and environmental impacts on the respective economic sector. The review may result in covenants and action plans for clients for legal compliance with Peruvian laws and regulations for category B, and legal and technical review for category A.