PROPARCO in Latin AmericaALIDE Seminar

November 2014

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Presentation of PROPARCO

PROPARCO is a development finance institution created in 1977

● GOUVERNANCE: Agence Française de Développement (AFD) is

majority owner but 30 other shareholders private & public, from countries in

the North and in the South

● MISSION: To catalyze private investment in emerging and developing

countries to foster growth and sustainable development .

● ROLE: Investment in sectors , regions and projects where risk is considered

too high by commercial banks

● OPERATIONS : On four continents. With a high standards in terms of

Corporate and Social responsibility . Sector strategies : productive sector,

financial systems, infrastructures and capital investment.

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PROPARCO location in Latin America

Three AFD Agencies : Brasilia, Bogota, Mexico – Two Offices of PROPARCO

BRASIL – Andean

Countries

Myriam Bouslama

+ 55 11 7293 2473

MEXICO – Central

America

Paulo Centeno-Lappas

PROPARCO can operate in all Latin American

countries or in the Caribbean

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Different strategies according to the regions

Caribe : Main elements– Operating in Haiti and Dominican Republic for a long time

– Wide scope of operations

– Specific attention to links with French Overseas Departments

Latin America : subsidiarity and partnership– Operations started recently (Brazil 2007, other countries of the continent 2009)

– Special mandate on social sectors and environmental issues according to the Group strategy in the region

– Support to South-South flows and enforcement of CSR standards

Using all our financial products :– Medium term/long term debt

– Capital and Mezzanine financings

– Various financial instruments : innovative financial structuring in line with our mandate

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Latine America : a dynamic part of PROPARCO’s

operations

-

100

200

300

400

500

600

700

800

900

1 000

2007 2008 2009 2010 2011

Signatures Proparco par produit (en M€)

FISEA

Fonds propres

Autres titres

Prêts en sous-participationsPrêts OM

Prêts et garanties EE

Afrique subsaharienne

249,1 M€29%

Amérique Latine Caraïbes231,1 M€

27%

Asie105,9 M€

12%

Méditerranée et Moyen-Orient

254,3 M€29%

Multi-pays25,0 M€

3%

Répartition géographique des

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Un portefeuille significatif malgré une arrivée récente

Afrique subsaharienne

39%

Méditerranée et Moyen-Orient

18%

Asie19%

Amérique Latine Caraïbes

16%

Outremer7%

Multi-Pays1%

Encours Prêts et Participations à

fin 2011 par géographie

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Sector targets in Latin America

Climat : Financing projects on energy efficiency and renewable

energies,

– Aspro (Brazil), Brennand (Brazil), CIFI (multi-country)

Agriculture and agribusiness : Financing projects fostering

agriculture production, either directly or via financial institutions,– Pantaleon (Nicaragua), Azucar Guarani (Brazil), LAAD (multi-pays)

Microfinance : mostly in the rural sector, balance between financial

and social achievements,– Mibanco (Peru), Procredit (Ecuador)

Health and Education : Support to private actors in the effort to

widen their offer ,– Hopital Syro-Libanes (Brazil), HCor (Brazil), Anhanguera (Brazil)

Sustainable urban development, sustainable tourism

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Infrastructure

TJH, Jamaica, 2011, Prêt, USD 40,1 M

JPS, Jamaica, 2010, Prêt USD 62 M

BTA, Dominican Rep., 2009, Prêt USD

20M

Loret, French oversea Com, 2008, Capital

EUR 5 M

Digicel, Haiti, 2005 & 2006, Prêts USD 22

& 12 M

Aerowatt, Martinique, 2005, Prêt EUR 4,2

M

Financial institutions

Banco Popular, Dominican Rep, 2010,

Loan USD 25 M

BHD, Dominican Rep., 2009, Loan of USD

25 M for infrastructure financing:

Haina Port, Saint-domingue, 2010,

USD 7M

Aéroport Punta Cana, 2010, USD

10M

Projects financed in the Caribbean

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PROPARCO Projects in Latin America

Financial institutions Bic Banco, Brésil, 2011, Prêt agri, USD 40M

Procredit, Equateur, 2011, Prêt, USD 10M

Banco de Galicia, Argentina, 2011, Prêtr agri, USD 20M,

Banco Regional, Paraguay, 2011, Prêt agri, USD 30 M

BBVA, Paraguay, 2011, Prêt agri, USD 20 M

Mibanco, Perou, 2010, Pérou USD 10 M

Sofisa, Brésil, 2009, Prêt USD 12,5 M & 2008, USD 7,5 M

FIBRA, Brésil, 2009, Prêt USD 30 M

Banco Pine, Brésil, 2008, Garantie. USD 15 M

Companies Hopital Syro Lebanes, Brésil, 2010, Prêt USD 15 M

Açucar Guarani, Brésil, 2010, Prêt USD 50 M

Cikel, Brésil, 2009, Prêt, USD 20 M

Anhanguera Educational, Brésil, 2009, Prêt, USD 12,5 M

Pantaleon, Guatemala, 2009, Prêt EUR 14 M

Aspro, Brazil, 2008, Prêt USD 25 M

Infrastructure T Solar, Peru, 2011, mezzanine USD 7,15M

Bajo Frio, Panama, Prêt USD 35M

Brennand, Brésilzil, 2011, Prêt EUR 40 M

Eurus, Mexico, 2010, Prêt USD 35 M

Ram Power, Nicaragua, 2010, Prêt, USD 25M

Projects financed in Latin America

THANK YOU FOR YOUR ATTENTION