Green bonds are also a hot topic in Ireland: the country is a"
He adds that green lending has been the most resilient part of their balance sheet through the pandemic."It has been the fastest growing part of our loan book," he says."Despite the economic shock we exceeded our target of €1bn in green lending in 2020." The outbreak of the COVID-19 pandemic disrupted global markets in H1 2020 impacting the timing of the bond issue. AIB used the time to reach out to investors, Bane says."The global pandemic meant the timing of our debut green bond issue moved to later in 2020," he adds."However we used this time to broaden our investor engagement, add new eligible loans from the energy and corporate banking teams, culminating in the very successful issue.
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