Projects
Department has supported the process of investment in
Brazil's productive capacity. Growth has developed through
close relations with BNDES and the main development
banks worldwide, including IFC, EIB, FMO, DEG and Eximbank.
During the 2000-2004 period, Itaú BBA was active
in structuring financing for more than 120 investment
projects involving approximately R$ 10 billion.
A special highlight was introducing the Itaú
BBA Environment Management System. On August 12, 2004,
in line with its social responsibility and corporate
governance values, Itaú BBA adhered to the "Ecuador
Principles". This was a voluntary decision that underlines
the Bank's concern with the environment. This adhesion
means that Itaú BBA will comply its
socioenvironmental commitement,
which includes criterias based on
IFC policies when financing projects
worth over US$ 10 million.
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