News Risk Management08 Aug 2018

Indonesia:Green financing gets leg up via IFC's Bank OCBC NISP investment

08 Aug 2018

The International Finance Corporation (IFC), the private sector arm of the World Bank Group, has committed $150m in a green bond issued by Indonesia PT. Bank OCBC NISP Tbk (Bank OCBC NISP). This is the first ever green bond issued by a commercial bank in Indonesia, delivering a new source of green financing to combat climate change, announced the IFC in a statement last week.

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