Infrastructures

BBVA has gained recognition from the International Finance Corporation (IFC), a member of the World Bank Group, as the first 'EDGE Champion' in the Peruvian banking industry, after certifying more than 250,000 square meters of sustainable construction built to EDGE standards.

BBVA has acted as global and sustainability coordinator and advisor for COFCO International, the overseas agriculture business platform of China-based COFCO Corporation, in a new syndicated sustainable facility. For a total of USD 700 million and a tenor of 3 years, this financing is the second sustainability-linked loan (SLL) arranged by COFCO International, the sector’s leading sustainability performer and one of the most active commodity traders in the sustainable loan market. Apart from the coordinator roles, BBVA has also been appointed facility agent among a syndicate of seven international and Chinese banks.