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IFC Backs Standard Bank of South Africa’s Green Bond Issue with $200 Million Investment

This is South Africa’s first offshore green bond issuance

March 16, 2020

/ Rakesh Ranjan
/ Finance and M&A, Other
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The International Finance Corporation (IFC), the financial arm of the World Bank Group, has announced that it has invested ₹200 million (~₹14.7 billion) in the Standard Bank of South Africa’s green bond placed on the London Stock Exchange.

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Rakesh Ranjan

More articles from Rakesh Ranjan.
Green BondsIFCRenewable Energysouth AfricaStandard BankWorld Bank
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