BBVA: Issues a $50-million green bond
- Garanti BBVA has launched an innovative product that adds to over fifteen years of initiatives focusing on environmental
- The funds also raised from the recent bond issuance allocated to renewable energy or other projects that deliver solutions
- Garanti BBVA is already the leading provider of financing in Turkey for renewable energy overall
- The first transaction of BBVA’s Turkish unit under the Group’s new Sustainable Bond Program
- An international sustainability rating agency has also certified the BBVA program’s compliance with the Green Bond Principles
- Garanti BBVA’s Executive Vice President Ebru Dildar Edin underscored the bank’s commitment to the UN Principles