Created before Nov 2016
Last update: 2017-09-01 10:46:01
Johan Frijns, BankTrack
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About Banco de la República Oriental del Uruguay
State-owned Banco República (BROU), Uruguay's largest banking institution, operates as a commercial and development bank and was established in 1896. BROU offers personal banking products and services such as checking and savings accounts, credit cards, time deposits, consumer loans, and mortgages. It also provides a comprehensive suite of financial products - including leasing, treasury services, funding for working capital, asset management, foreign trade services, and investment solutions - for customers in the SME, corporate and agribusiness banking market segments. The bank has branches established in Sao Paulo, New York, and Buenos Aires.
Jorge Andres Polgar Pisano |
|Annual report||Annual report 2016|
BROU is a state-owned bank.
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Voluntary initiativesBanco de la República Oriental del Uruguay has committed itself to the following voluntary standards:
Banco de la República Oriental del Uruguay and the Equator Principles
The Equator Principles are a voluntary commitment of banks to try to avoid or minimise the social, environmental and human rights impact of projects they finance. For more information on the Equator Principles see their website here and the campaign page of BankTrack here.
The Equator Principles exist already since 2003. Banco de la República Oriental del Uruguay adopted the Equator Principles in 2008.
Reporting on the Equator Principles
Banco de la República Oriental del Uruguay must report annually on its implementation of the Equator Principles. All information is supposed to be found here.
- Banco de la República Oriental del Uruguay is not in compliance with its reporting obligations. The link provided is broken or not correct
Implementation and reporting
Banco de la República Oriental del Uruguay is reporting on the implementation here.