São Paulo, May 6, 2025 – Agibank has concluded its first Social Financing Loan with the International Finance Corporation (IFC), a member of the World Bank Group and the largest global development institution focused on the private sector, in the amount of BRL 440.6 million. With a five-year maturity, the operation marks a strategic milestone in the diversification of the Bank’s funding sources and reinforces its commitment to developing sustainable financial solutions and expanding qualified access to credit for historically underserved segments.
The loan was structured as a Social Loan following a rigorous due diligence process led by the IFC, which assessed Agibank’s adherence to the highest international standards of governance, transparency, and positive social impact.
Proceeds from the Social Loan will be fully allocated to granting credit to beneficiaries of the National Institute of Social Security (INSS), with a focus on vulnerable groups such as the elderly, women, and low-income individuals, in line with the Social Bond Principles (SBPs) of the International Capital Market Association (ICMA).
“This issuance is a significant milestone for Agibank as it solidifies our strategy to expand international funding sources and reinforces our reputation in the global financial market. The endorsement by the IFC, which applies stringent criteria, confirms our genuine commitment to transparency, robust governance, and measurable social impact,” said Marcello Dubeux, Chief Treasury and Investor Relations Office at Agibank.
The partnership with IFC also includes technical assistance to support the ongoing development of Agibank’s social financing framework, enabling the institution to scale its socially oriented credit activities and strengthen its market positioning.
“We are pleased to partner with Agibank to expand financial inclusion for underserved low-income segments in Brazil,” said Helena De La Torre, Regional Manager for Financial Institutions in Brazil and the Southern Cone at IFC. “This investment will not only provide critical access to financial solutions for women and the elderly but will also help promote sustainable finance practices and innovation in Brazil’s financial sector. The use of digital banking platforms contributes to the integration of traditionally underserved populations into the formal financial system, fostering economic growth and social equity.”
Glauber Correa, CEO of Agibank, added: “Having IFC’s support is an important validation of our hybrid business model and our purpose of delivering a banking experience that welcomes and empowers all Brazilians. This partnership enhances our ability to generate real positive impact in the lives of millions of people, especially those with traditionally limited access to the financial system.”
Agibank has also published its Social Bond Framework, which will guide future issuances of Social Bonds. The Framework’s eligibility was confirmed by Sustainalytics, which stated that “Agibank’s Social Bond Framework is credible and impactful, and aligned with the four core components of the 2023 Social Bond Principles,” further noting that “investments in the eligible categories will have positive social impacts.” Sustainalytics is a globally recognized leader in ESG performance assessment.
Additionally, in April 2025, Moody’s Local upgraded Agibank’s corporate credit rating to ‘AA-.br’ with a stable outlook, recognizing the strength of its governance, consistent profitability, and differentiated positioning in a segment with high growth potential.
The documents can be accessed at this link.