Tag Archives: Sustainable Finance

EBRD and ProCredit Bank Bulgaria Sign €14 Million InvestEU Deal to Expand Green Loans in Bulgaria and Greece

(IN BRIEF) The EBRD has signed a €14 million portfolio guarantee agreement with ProCredit Bank Bulgaria under the EU’s InvestEU programme, enabling the bank to offer more green loans to businesses in Bulgaria and Greece. This risk-sharing facility will support … Read the full press release

Garanti BBVA Secures Over $440 Million in Syndicated Loan to Support Turkish Economy and Sustainable Projects

(IN BRIEF) Garanti BBVA has secured over $440 million through a syndicated loan to bolster the Turkish economy, aligned with the bank’s commitment to sustainability. The loan, supported by 43 banks across 20 countries, includes tranches with maturities of 367 … Read the full press release

Commerzbank Embraces Equator Principles to Enhance Sustainable and Responsible Financing

(IN BRIEF) Commerzbank has signed on to the Equator Principles, a voluntary set of ten guidelines aimed at addressing environmental, social, human rights, and climate risks in project financing. This move underscores the bank’s commitment to sustainable finance and responsible … Read the full press release

Global Challenge Ignites Circular Economy Innovation: Santander, Norrsken & Oxentia Empower Startups and Scaleups

(IN BRIEF) Banco Santander has launched the Santander X Global Challenge | Circular Economy Revolution in partnership with the Norrsken and Oxentia foundations, targeting startups and scaleups from 11 countries. The challenge invites companies that are focused on enhancing the … Read the full press release

EIB Expands Sustainability Awareness Bond Framework to Promote Gender Equality and Women’s Empowerment

(IN BRIEF) The European Investment Bank has extended its Sustainability Awareness Bond framework to include gender equality and women’s economic empowerment, aiming to fund global projects that advance women’s access to finance, entrepreneurship, and gender equality. This initiative highlights the … Read the full press release

NIB Marks Historic Return to Icelandic Market with Successful 8.5 Billion ISK Green Bond Issuance

(IN BRIEF) The Nordic Investment Bank (NIB) has successfully launched a seven-year, 8.5 billion Icelandic krona inflation-linked Environmental Bond, marking its return to the Icelandic bond market after over 16 years. This milestone reinforces NIB’s commitment to diversifying its funding … Read the full press release

Deutsche Bank Celebrates Record Success with Key Awards in APAC Debt Financing and Sustainable Finance

(IN BRIEF) Deutsche Bank has received significant recognition in the Asia Pacific region, including being named Asia’s High-Yield Bond House of the Year by IFR. The bank’s commitment to innovation and sustainable finance solutions was further demonstrated through 14 wins … Read the full press release

DFCC Bank Achieves Historic Dual Listing of Green Bond on Luxembourg Stock Exchange

(IN BRIEF) DFCC Bank has achieved a historic milestone with the dual listing of its Green Bond on the Luxembourg Stock Exchange (LuxSE) and its display on the Luxembourg Green Exchange (LGX). This follows the bond’s initial listing on the … Read the full press release

EIF Pledges €20 Million to New Private Credit Fund Supporting Baltic SMEs and Sustainable Growth

(IN BRIEF) The European Investment Fund (EIF) has committed €20 million to the SG Capital Baltic Private Credit Fund, a new initiative managed by Latvia-based SG Capital Partners AIFP. The fund aims to raise €100 million to support small and … Read the full press release

The Swedish Financial Supervisory Authority (FI) Welcomes Emilia Högquist as New Leader in Sustainable Finance

(IN BRIEF) The Swedish Financial Supervisory Authority (FI) has appointed Emilia Högquist as the new Head of Sustainable Finance. With extensive experience in sustainable development, she will focus on promoting the financial sector’s role in sustainability and leading FI’s efforts … Read the full press release

Barclays Defends Its Record on Sustainable Finance Amid Criticism from Investigative Report

(IN BRIEF) Barclays has publicly disputed claims by The Bureau of Investigative Journalism (BIJ) regarding its financing activities, specifically accusing BIJ of inaccurately attributing a disproportionate share of sustainability-linked financing to the bank. BIJ reported that Barclays facilitated $41 billion … Read the full press release

ABN AMRO Leads in Sustainable Finance with Updated Green Bond Framework

(IN BRIEF) ABN AMRO announces the publication of an updated Green Bond Framework and Second Party Opinion on its corporate website, reaffirming its commitment to sustainable finance. As one of the first banks in Europe to issue green bonds in … Read the full press release

EBRD Invests €20 Million in Bank Pekao’s Debut Green Eurobond Issuance to Support Sustainable Finance in Poland

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has committed €20 million to participate in the debut Eurobonds issued by Bank Polska Kasa Opieki, commonly known as Bank Pekao, as part of its €500 million public placement of … Read the full press release

EIB and Grupo Cooperativo Cajamar Boost Access to Finance for Spanish Rural Enterprises and Green Initiatives

(IN BRIEF) The European Investment Bank (EIB) and Grupo Cooperativo Cajamar have announced a partnership to provide €980 million in new financing to small and medium-sized enterprises (SMEs) and mid-caps in rural areas and green projects in Spain. The EIB … Read the full press release

Frédéric Beaujean appointed Denmark Branch Manager for Crédit Agricole CIB’s new Copenhagen branch

(IN BRIEF) Crédit Agricole CIB, a global financial services company, has announced the opening of a new branch in Copenhagen, Denmark, as part of its strategic plan to strengthen its position in Europe and expand into new markets. With an … Read the full press release

Deutsche Bank’s Private Bank Germany and WWF Germany Sign Advisory Agreement to Further Sustainability Goals

(IN BRIEF) Deutsche Bank’s Private Bank Germany and WWF Germany have signed a two-year advisory agreement in Berlin to advance sustainable finance and further Deutsche Bank’s sustainability strategy. The partnership will focus on developing more sustainable products, services, structures, and … Read the full press release

Standard Chartered announces the issuance of USD 40 million ESG Formosa notes in Taiwan

Adding ESG Formosa notes into the Group’s world-leading suite of Sustainable Finance Solutions (PRESS RELEASE) TAIPEI, 7-Sep-2022 — /EuropaWire/ — Standard Chartered (LON: STAN), a leading international banking group, has announced the issuance of USD 40 million ESG structured Formosa … Read the full press release

Skandinaviska Enskilda Banken lead manager for World Bank’s NOK 3.5 billion Sustainable Development bond issuance

(PRESS RELEASE) STOCKHOLM, 14-Jan-2022 — /EuropaWire/ — Skandinaviska Enskilda Banken AB (STO: SEB-A) (SEB), a Swedish financial group leader on the Nordic market, has announced it was the lead manager for the recent NOK 3.5 billion (EUR 350 million) Sustainable … Read the full press release

ING to discontinue its presence on the retail banking market in France

(PRESS RELEASE) AMSTERDAM, 21-Dec-2021 — /EuropaWire/ — ING (AMS: INGA), a global financial institution of Dutch origin, has announced its exit from the French retail banking market. The current decision follows the Group’s strategic review that was announced in June … Read the full press release

BBVA signs landmark transaction of €1.35 billion sustainable linked guarantee facility with Enel

(PRESS RELEASE) BILBAO, 30-Mar-2021 — /EuropaWire/ — Spanish multinational financial services company BBVA announces the signing of a €1.35 billion sustainable linked guarantee facility with the Italian multinational manufacturer and distributor of electricity and gas, Enel. The transaction is in … Read the full press release