Attica Bank’s Post

Attica Bank S.A. proudly announces its first Sustainability Linked Loan Facility to two eco-type sister kamsarmax bulkcarriers, the m/v “PHAEDRA” and m/v “GREEK SEAS”, both managed by Stem Shipping Co S.A., a private ship management company based in Greece with extensive experience in managing dry bulk and container vessels.  The Bank is aiming to advance its ESG goals by establishing a KPI based on the Vessels’ performance of the Carbon Intensity Indicator (CII) where the achievement of the annually agreed goals is accompanied with a reduction of the loan’s pricing. Such KPI, aligns with the Company’s and the sector’s wider sustainability and regulatory targets relating to CO2 emissions reduction, towards the ‘Green Transition’ to net zero emissions.   #AtticaBank #PancretaBank #EnaNeoKefalaio #GreenFinancing #StemShippingCo #ManosSigalas

📣Very proud to announce the issuance of QNB Finansbank’s first sustainable Eurobond. This marks a significant milestone in our ongoing commitment to sustainability. The proceeds will be allocated to projects that support the transition to a low-carbon economy and social development. 🍃 Here are some key highlights of the deal: ⭐️ Tightest yield from a Turkish Bank since 2021 ⭐️ Tightest spread over 5Y UST since 2015 ⭐️ First benchmark sized ESG bond from QNB FB ⭐️ 37.5p tightening inside IPTs ⭐️ Solid orderbook exceeding USD 1.8bn ⭐️ Diversified demand more than 140 investors #qnbfinansbank #sustainablity #dunyayla1

Financed emissions are a key challenge for the financial sector, and the National Bank of Fujairah (NBF) is taking meaningful steps to address them. From baselining emissions to supporting clients through the Living Business™ Programme, NBF is driving progress and setting an example for sustainability in banking. Read all about their journey through the link in the comments. #sustainablefinance #esg #financedemissions #sustainability Ashish Gokhale Adnan Anwar Mohd Atassi

ComBank wins two Golds at IDB’s Green Industry Awards 2024 The Commercial Bank of Ceylon won triple honours including two Golds at the Green Industry Awards 2024 presented by the Industrial Development Board (IDB) to recognize success stories in sustainability. Sri Lanka’s first 100% carbon neutral bank, Commercial Bank was presented the Gold for ‘Low carbon and/or climate-resilient production’ for the positive impacts of the Bank’s journey to carbon-neutral status; and the Gold for ‘Green digital and information technologies’ for its success in driving the adoption of digital banking by a wide spectrum of customers, thereby enhancing financial inclusion and reducing environmental impact. Read More - https://lnkd.in/gfYRXh66 #ComBank #IDB #greenindustry

Alexbank, the Egyptian bank part of Intesa Sanpaolo’s International Banks Division, and CDP Cassa Depositi e Prestiti signed a Memorandum of Understanding to support the agrifood sector in Egypt, aiming to promote high-impact projects and to develop tools to facilitate access to funding, and in particular microcredit for local SMEs in the agricultural sector. The agreement is one of the initiatives promoted by the Italian Government under the Mattei Plan and also strives to foster collaboration between Egyptian and Italian businesses, encouraging sustainable supply chains and empowering the sectors of excellence of both countries. Read more: https://ow.ly/w9FR30sHyBx #intesasanpaolo #alexbank #ibd #cdp #egypt #international #matteiplan #italy #agrifood #sme #sustainability

ADIB - Abu Dhabi Islamic Bank publishes its first Net Zero report, becoming the region's first Islamic bank to set sector-specific decarbonization targets for 2030, in alignment with the UAE's Net Zero by 2050 initiative. Lamia Hariz Follow the full coverage here: https://lnkd.in/ds7JpWS3 #NetZero #ADIB #IslamicBanking #Sustainability #CarbonReduction #GreenFinance #UAE2050 #Decarbonization #ClimateAction #SustainableBanking

Alexbank, the Egyptian bank part of Intesa Sanpaolo’s International Banks Division, and CDP Cassa Depositi e Prestiti signed a Memorandum of Understanding to support the agrifood sector in Egypt, aiming to promote high-impact projects and to develop tools to facilitate access to funding, and in particular microcredit for local SMEs in the agricultural sector. The agreement is one of the initiatives promoted by the Italian Government under the Mattei Plan and also strives to foster collaboration between Egyptian and Italian businesses, encouraging sustainable supply chains and empowering the sectors of excellence of both countries. Read more: https://ow.ly/MGuy30sHzMS #intesasanpaolo #alexbank #ibd #cdp #egypt #international #matteiplan #italy #agrifood #sme #sustainability

DCarbon congratulates National Bank of Egypt (NBE) on publishing its second Principles for Responsible Banking (RRB) report: Responsible Banking: Navigating the Path to Impact. This report marks another milestone for NBE, highlighting NBE’s leadership role in sustainable finance and its progress towards the implementation of the Principles for Responsible Banking. The report offers an in-depth assessment of NBE's portfolio impact, with a focus on the key areas identified for target setting, in alignment with #Principle2: #Impact and #Target #Setting. As part of this commitment, NBE has prioritized #circularity and #financial #inclusion as critical impact areas. Qualitative targets have been established to measure meaningful progress in these areas, demonstrating the Bank's unwavering dedication to both sustainability and social responsibility. 𝗖𝗼𝗻𝗴𝗿𝗮𝘁𝘂𝗹𝗮𝘁𝗶𝗼𝗻𝘀 𝘁𝗼 𝗡𝗕𝗘 𝗼𝗻 𝘁𝗵𝗶𝘀 𝗻𝗲𝘄 𝗺𝗶𝗹𝗲𝘀𝘁𝗼𝗻𝗲. Thanks to NBE team: Inas Gaafar, Ahmed Albasyoni, Shaimaa Elmedany, Nouran Amr El-Bakly, and Marine Medhat. Also, thanks to DCarbon team for their invaluable support: Yara Mourad, MSc. Mohamed Elshafie, @Nour Ahmed, Maryam Beshara, and Mohamed Awad For more details about NBE’s Second PRB Report, kindly visit: https://lnkd.in/dqUdTinH

Alexbank, the Egyptian bank part of Intesa Sanpaolo’s International Banks Division, and CDP Cassa Depositi e Prestiti signed a Memorandum of Understanding to support the agrifood sector in Egypt, aiming to promote high-impact projects and to develop tools to facilitate access to funding, and in particular microcredit for local SMEs in the agricultural sector. The agreement is one of the initiatives promoted by the Italian Government under the Mattei Plan and also strives to foster collaboration between Egyptian and Italian businesses, encouraging sustainable supply chains and empowering the sectors of excellence of both countries. Read more: https://ow.ly/HW7m30sHGOy #intesasanpaolo #alexbank #ibd #cdp #egypt #international #matteiplan #italy #agrifood #sme #sustainability

Alexbank, the Egyptian bank part of Intesa Sanpaolo’s International Banks Division, and CDP Cassa Depositi e Prestiti signed a Memorandum of Understanding to support the agrifood sector in Egypt, aiming to promote high-impact projects and to develop tools to facilitate access to funding, and in particular microcredit for local SMEs in the agricultural sector. The agreement is one of the initiatives promoted by the Italian Government under the Mattei Plan and also strives to foster collaboration between Egyptian and Italian businesses, encouraging sustainable supply chains and empowering the sectors of excellence of both countries. Read more: https://ow.ly/U8Xx30sHG0t #intesasanpaolo #alexbank #ibd #cdp #egypt #international #matteiplan #italy #agrifood #sme #sustainability