IFC Supports Jobs, Financial Inclusion, and Climate Resilient Growth in Peru Through Investment in Banco de Crédito del Perú

Lima, May 6th 2026. With the objective of expanding access to finance, fostering employment and supporting inclusive, climate-resilient growth, the International Finance Corporation (IFC), a member of the World Bank Group, announced a proposed US$250 million sustainable subordinated debt investment in Banco de Crédito del Perú (BCP) to strengthen financing for small and medium enterprises (SMEs), including women-owned and women-led businesses, while scaling lending for sustainable construction and climate-resilient agriculture. These sectors are vital drivers of development and productivity in Peru and face growing exposure to climate risks.

The investment responds to persistent challenges in Peru related to high labor informality, limited access to long-term finance for smaller businesses and increasing climate-related shocks affecting agriculture and housing. By strengthening the capacity of the financial sector to scale sustainable lending, the project seeks to unlock private investment, foster inclusive growth, and build resilience across the economy.

"This transaction will allow us to further consolidate our sustainability strategy by supporting projects that generate economic value while also delivering positive social and environmental impact, with a particular emphasis on key sectors that are fundamental to job creation and Peru's development," said Diego Cavero, CEO of BCP.

Elizabeth Martinez de Marcano, IFC Regional Director for Latin America and the Caribbean, said: "Access to sustainable finance is essential for creating jobs. By supporting BCP to expand lending for SMEs, green buildings, and climate-resilient agriculture, IFC is helping mobilize private capital toward sectors that deliver long-term impact for people and the economy."

Through this investment, IFC will support expanded financing for SMEs, a major source of employment, with a particular emphasis on improving access to credit for women entrepreneurs, who continue to face greater barriers to finance. The project will also enable increased lending for energy- and water-efficient buildings certified under internationally recognized green standards, helping reduce emissions, lower operating costs for households, and address Peru's housing needs in a more sustainable way. In parallel, financing for climate-resilient agriculture will help rural producers strengthen productivity and adapt to droughts, floods, and extreme weather events.

In addition to financing, IFC will provide advisory services and capacity building to support the development of sustainable construction finance products, strengthen the adoption of green building certification, and promote resilient agricultural practices. By combining long-term financing with technical support, the project is expected to generate demonstration effects that encourage other financial institutions to expand sustainable and inclusive lending in Peru.

The investment is supported by a performance-based incentive under IFC's Market Accelerator for Green Construction (MAGC), a blended finance program supported by the United Kingdom, acting through the Department for Energy Security and Net Zero. MAGC helps scale green construction across emerging markets by incentivizing financial intermediaries to offer or expand green construction lending products.

Note to Editors

Sustainable subordinated debt refers to debt instruments that rank junior to a bank's senior obligations in the event of default or liquidation, but senior to equity, and whose proceeds are earmarked for projects with demonstrable positive environmental and social impacts. 

About BCP
Banco de Crédito del Perú is the largest and oldest financial institution in Peru, with a history that dates back 137 years, in 1889. Throughout this time, it has been recognized for its business strength and leadership in the Peruvian market, standing out for its focus on innovation and digitalization. BCP offers a wide range of financial products and services, through which it seeks to be an ally of its customers, collaborators and country so that they can transform their plans into reality. For more information, please visit: https://www.viabcp.com/.