Armenia

Ameriabank

AmeriaBank CJSC is a universal bank offering corporate, investment and retail banking services in a comprehensive package of banking solutions. For its outstanding financial performance, efficient activity, strategic approaches in view of the current economic situation and tough competition, Armenia’s leading bank was named “Bank of the Year in Armenia 2016” by The Banker, a Financial Times publication, winning the award for the fourth time and the second year in a row. In 2016, Ameriabank was recognized as the Best Bank in Armenia by Euromoney and Global Finance.

Bangladesh

The City Bank Limited

The City Bank Limited (CBL) was incorporated and licensed as a bank in 1983 as one of the first private sector banks in Bangladesh. Corporate banking comprises over half of the portfolio. Other significant portfolio segments include retail banking and SME banking. The bank currently has a total of 112 branches. CBL received Best Bank in Bangladesh awards from both Finance Asia and Euromoney in 2014. With GCPF funding, City Bank aims to finance energy efficiency projects in the textile sector.

Southeast Bank Limited

SEBL was established in 1995 and is one of the leading private sector banks in Bangladesh, with over 100 branches and over 2000 employees. While the bank is focused on SME and corporate segments, going forward agriculture and retail are also priorities for the bank. With GCPF funding, SEBL focuses on industrial energy efficiency and recycling.

Cambodia

LOLC

LOLC (Cambodia) Plc. is currently the 4th largest bank in Cambodia by number of borrowers. It is a regulated microfinance institution which is growing in rural and urban areas by developing new, innovative financial products and services for its clients. In 2018 the bank was acquired by LOLC Private Limited group, a business incorporated in Singapore.

PRASAC

PRASAC, Cambodia’s largest microfinance institution, helps Cambodian people improve their living standards by providing sound financial solutions for growth, such as loans, deposits, bill payments, money transfers, foreign exchange, payroll, mobile top-up with various distribution channels, namely its nationwide network with 181 branches, mobile and Internet banking, 116 ATMs, and 127 POS. As of November 2016, PRASAC had lent USD 994 million to more than 341,000 active borrowers, and mobilised deposits of USD 601 million from more than 488,000 depositors.

Costa Rica

Banco Promerica Costa Rica

Promerica Costa Rica is part of Promerica Financial Corporation, a regional financial services group. GCPF invests in two other subsidiaries of PFC in Nicaragua and Dominican Republic. The bank is one of the most experienced banks in green lending in the region. GCPF funding will be mainly used to finance energy efficient bus fleet replacements, solar panels, energy efficient appliances, solar water heaters, industrial boilers and biomass projects.

Dominican Republic

Banco Multiple Promerica de la Republica Dominicana

The Banco Multiple Promerica de la Republica Dominicana is part of Promerica Financial Corporation, a regional financial services group. GCPF invests in two other subsidiaries of PFC in Nicaragua and Costa Rica. While the bank has a long history in consumer lending, in the recent years it has focused more on SME and corporate lending. The bank will use the GCPF loan for financing energy efficient lighting, air conditioning, solar photovoltaic, solar thermal heaters, efficient boilers and fuel conversion of vehicles, primarily in SMEs.

Ecuador

Banco Pichincha

Banco Pichincha is Ecuador’s largest private bank, with a market share of over 30%. The bank has over 3 million customers through a network of over 300 branches, and offers services to corporate, consumer and mortgage, SME and microcredit clients. The bank is the head of Grupo Financiero Pichincha, the largest financial group in Ecuador. The group operates in Peru, Colombia, the United States and Spain. With GCPF funding Banco Pichincha mainly finances consumer loans for the replacement of inefficient household appliances, such as old refrigerators and washing machines.

Banco Procredit

Launched in 2001, Banco ProCredit belongs to ProCredit Holding, a German group of 22 banks that promotes access to financial services in developing countries. It is a development-oriented full service bank, focused on providing loans to SMEs and micro businesses. As of 2013, Banco ProCredit had almost 100,000 depositors and nearly 38,000 borrowers through a nationwide network of branches. With GCPF funding Banco ProCredit mainly finances SME loans, focusing on the agriculture and transport sectors.

El Salvador

Banco Atlántida SLV

One of the most important banks in Honduras, it provides banking, insurance, leasing, lending and pension fund administration. GCPF's financing is to expand the bank's green energy portfolio and support hydropower projects.

Banco Davivienda

Founded in 1886, the oldest bank in El Salvador was acquired by Banco Davivienda Colombia S.A. in 2012. GCPF's financing supports the growth of Davivienda's renewable energy lending capabilities.

Georgia

BasisBank

The Group's principal business activity is commercial and retail banking operations in Georgia. Through GCPF's financing, the bank has strengthened its green lending and built up capacity to assess eligible projects.

TBC Bank

TBC Bank, together with its subsidiaries, is the leading universal banking group in Georgia, with a total market share of 29.7% of loans (37.2% with Bank Republic) and 30.6% of non-banking deposits (35.5% with Bank Republic) as at 30 September 2016, according to the data published by the NBG.

Ghana

REDAVIA

REDAVIA offers solar power for businesses and communities with a regional focus on East and West Africa. The REDAVIA solar farm is based on a pre-configured system. It is easy to ship, set up, scale and redeploy. Businesses and communities benefit from a cost-effective, reliable and clean energy solution with minimal upfront investment and no technical skills required.

Honduras

Banco Atlántida

Banco Atlantida is a commercial bank founded in 1913. While the Bank has traditionally focused on the corporate sector, it also has the most extensive retail network throughout Honduras, with 184 branches and 650 agents. The bank is part of the Atlantida Financial Group, which offers other financial services such as insurance, pension funds, leasing, and bonded warehouses. With GCPF funding, Banco Atlantida finances small-sized hydro power-plants.

India

Electronica Finance

EFL is a machine financier serving small and medium enterprises. Through GCPF's financing, Electronica Finance intends to originate energy-efficient loans while broadening its lender base.

SREI Infrastructure Finance Ltd.

Srei Infrastructure Finance is a non-bank finance company (NBFC) classified as an Infrastructure Finance Company, and is the first such partner institution of GCPF. Incorporated in 1985, Srei Infrastructure Finance is among the leading private sector infrastructure finance NBFCs in India, covering all the verticals of infrastructure i. e. project financing, equipment financing, and project development and advisory services. With GCPF funding, Srei intends to finance energy efficiency and fuel conversion projects.

Hodson Renewables

Hodson Renewables is a leading solar developer in India. A US/India based solar development & EPC firm with a core focus on solar PV-based distributed energy resources in emerging markets, the company offers a 100% investment model for corporate clients and rural communities allowing immediate savings on direct power costs.

Roserve

Founded in 2016, Roserve Enviro provides systems that are used in waste water recycling on an operating lease basis. GCPF financing supports the execution of pipeline projects.

RBL Bank

Licensed as a commercial bank in 1958, RBL Bank is now one of India’s fastest growing mid-sized banks. RBL provides corporate and institutional banking, commercial banking, retail banking, agri-business and financial inclusion services. In 2014, RBL was recognized as the best bank in the country for the priority sector (agri-business and financial inclusion) by Dun and Bradstreet, India. With GCPF funding, RBL finances drip irrigation and agricultural pump projects.

Kenya

Chase Bank Kenya Limited

Chase Bank, a large financial services provider in Kenya, was placed under receivership in April 2016 due to underreporting of insider loans and not meeting the statutory banking ratios. The investment is 100% provisioned.

Greenlight Planet

Greenlight Planet is a for-profit social business that designs, distributes, and finances solar home energy with an under-served population in mind: the 1.3 billion global consumers for whom the old-fashioned electrical grid is unavailable or too expensive. Since its founding in 2009, the company has become a leading global provider of solar-energy products to over 27 million rural consumers in more than 60 countries. The company operates in India as well as across several countries in Africa.

Mongolia

XacBank

XacBank is one of Mongolia’s largest banks, serving individual consumers, SMEs and corporate customers by providing banking, insurance and other value added financial products and services. The Bank provides financial services through a branch network of 93 retail and 2 business service branches along with digital channels including ATMs, Internet and Mobile banking. A team of 1,700 employees serve 700,000 customers across Mongolia. With GCPF funding, XacBank primarily finances energy efficiency in the transportation, housing and heating sectors.

Namibia

Aloe Investments

Aloe Investments is a 5MW solar power plant project at Rosh Pinah (South of Namibia) developed by AEE Power Ventures with the help of GCPF funds. AEE Power Ventures is a Spanish company that develops, owns and operates solar projects across sub-Saharan Africa. The project holds one of the 27 licenses in the interim Renewable Energy Feed-In Tariff (REFIT) program, a program promoted by the Ministry of Mines and Energy of Namibia that supported the addition of 70MW renewable energy to the grid.

Nicaragua

Banco de la Producción

Banpro is a universal commercial bank and a subsidiary of Central American Group Promerica Financial Corporation, which has subsidiary banks in Costa Rica, Caiman, Dominican Republic, Ecuador, El Salvador, Guatemala, Honduras, Nicaragua and Panama. Banpro has 1,905 employees and a large branch network with 25 branches in Managua and 31 branches in the different departments across the country. Banpro serves its retail and corporate clients with a broad variety of services ranging from retail banking including credit card and mortgage businesses, cash management, trade finance services, currency hedging and traditional lending products, and payment services for public and institutional clients.

Panama

CIFI

CIFI is the primary non-bank financial institution in Latin America and the Caribbean specializing in infrastructure and energy financing. GCPF's funding has allowed CIFI to finance renewable energy projects, mainly biomass and solar PV.

Global Bank

The second-largest bank in Panama, Global Bank focuses on corporate banking. GCPF's financing will be used to build an energy efficiency and renewable energy portfolio.

Peru

ACCESSO CREDITICIO

Acceso Crediticio is a Peruvian non-banking financial institution specialized in vehicle financing for low-income customers who don’t have access to the traditional financial sector. Acceso Crediticio offers a range of loans for microenterprises and SMEs, mainly taxis operating in the urban transport sector.

Singapore and Southeast Asia

Cleantech Solar

Cleantech Solar is a solar developer that finances, constructs, owns and operates solar projects. We are headquartered in Singapore and operate across Pan Asia, focusing on long-term investments within the commercial and industrial customer segments.

South Africa

Cronimet PV Plant

In 2012, the Fund financed a 1 MW photovoltaic power plant in South Africa – the Fund’s first direct investment in a renewable energy production facility. The photovoltaic installation was initiated by CRONIMET Mining Power Solutions GmbH, an Independent Power Producer and member of the German CRONIMET Mining Group. The installation became operational in December 2012 and delivers electrical energy for the daily operations of the CRONIMET Chrome Thaba Mine.

Sri Lanka

Hatton National Bank

Hatton National Bank is an award-winning private sector commercial bank operating in Sri Lanka. GCPF's financing has allowed the bank to provide funding for solar PV projects.

Pan Asia Bank

Pan Asia Bank was established as Pan Asia Bank Limited in 1995, and is listed on the Colombo Stock Exchange. The bank offers consumer, corporate and SME banking through a nationwide network of 78 branches. Pan Asia Bank was recognised as the fastest growing commercial bank in Sri Lanka in 2014 and for providing innovative banking products by the London-based Global Banking and Finance Review. With GCPF funding, Pan Asia Bank finances loans for hybrid cars.

Tanzania

Mobisol

Mobisol develops and provides affordable stand-alone solar solutions designed for the needs of households and small-businesses. Plug-and-play products are complemented by innovative mobile technology, enabling customers to power a range of energy efficient appliances - such as TVs, stereos and fans. End-users get access to modern entertainment and communications services and can earn incremental income by establishing solar-powered businesses.

Off Grid Electric

Operating in Tanzania and Rwanda, Off Grid Electric (OGE) is the world’s first massively scalable distributed energy company. OGE provides clean, affordable and transformative energy directly to households that have never had access to reliable electricity at a rate of 10,000 new households per month. OGE’s solar leasing model removes risk for customers, offering the latest in solar technology for less than or equal to a customer’s average energy spend. With GCPF funding, OGE mainly finances solar energy inventory which are then sold to low-income households in Tanzania.

Turkey

Şekerbank

Founded in 1953, Şekerbank has a network of 312 branches. Over 60 % of the branches are located outside of Turkey’s three largest cities, in line with the banks’ community banking mission. The bank provides services to small businesses and the agriculture sector, as well as corporate, SME and retail banking services. In 2014, almost 85 % of its total credit volume comprised of loans to the production sector. With GCPF funding, Şekerbank mainly finances insulation upgrades and PV solar home systems.

Uganda

SOLAR NOW

SolarNow is a for-profit social business which sells, finances and installs modular solar systems and solar appliances to households and businesses in East Africa. Through a network of 55 branches and 850 staff in Uganda and Kenya, the company provides last mile distribution, up to 2 year financing and 5 year free service to its clients.

Vietnam

Nam A Bank

Nam A Bank was established in 1992 as one of the first private commercial banks incorporated in Vietnam. The Bank predominantly focuses on corporate clients, individuals and SME clients. Through its partnership with GCPF, Nam A Bank is Vietnam’s first private commercial bank to launch green lending products that can reach medium and small clients (SMEs and individuals).

TP Bank

Tien Phong Commercial Joint Stock Bank (TPBank) was founded on May 5th 2008. TPBank’s strategic shareholders include DOJI Gold & Gems Group, FPT Group, Vietnam National Reinsurance Corporation (Vinare), SBI Ven Holding Pte. Ltd (Singapore), IFC International Finance Company (under World Bank) and PYN Elite Fund. It is a listed company on Ho Chi Minh Stock Exchange since 2018.