TO expand financial inclusion and support human capital development in the Philippines, the International Finance Corp. is investing $100 million in a social bond issued by City Savings Bank Inc. , the first thrift bank to issue a social bond. The social bond follows ICMA's Social Bond Principles and the Asean Social Bond Standard.
's investment in CitySavings' social bond is part of a broader approach in the Philippines to work with partners to deepen capital markets for thematic bond issuances such as social, green and blue bonds.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Livestock Philippines and Aquaculture Philippines 2024 highlight innovation, expertise to empower industryPasay City - Informa Markets in the Philippines is optimistic that this year’s Livestock Philippines and Aquaculture Philippines will empower stakeholders from both subsectors to adopt technology and enter new markets, helping fuel economic growth at the regional and national levels.
Source: BusinessMirror - 🏆 19. / 59 Read more »
Livestock Philippines and Aquaculture Philippines 2024 lead way in driving business opportunities, industry growthManila, Philippines – Informa Markets in the Philippines is set to host again the Livestock Philippines and Aquaculture Philippines this year, highlighting innovation and technology to improve the agricultural economy particularly the livestock and aquaculture industries.
Source: BusinessMirror - 🏆 19. / 59 Read more »