Banks commit to sustainable finance

By Mayvelin U. Caraballo

Oct 21, 2021 12:25 am

Banks in the Philippines have committed billions of pesos to finance sustainable initiatives in the country, according to the Bangko Sentral ng Pilipinas (BSP).

BSP Governor Benjamin Diokno said during the Wednesday's launch of the country's Sustainable Finance Roadmap that seven local banks had issued a total of $1.15 billion and P85.4 billion in green, social and sustainability bonds since 2017.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Related Articles

PSEi falls to over two-year low

February rate cut 'on the table' – BSP

DA to sell cheaper rice via MerryMart

Inflation likely hit 2.5-3.3% in January

Trump gets lower rates but Fed the exception

PH, UK to launch joint trade panel

Bank credit standards steady as 2024 ended