Sunday, December 22, 2024

BBVA: Issues a $50-million green bond

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

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