Arab African International Bank, IFC, EBRD, and BII Launch US$500 Million Sustainability Bond to Support Climate Finance and Boost Micro, Small, and Medium-Sized Enterprises
Arab African International Bank (AAIB) today issued a $500 million sustainability bond, with investments from IFC, the European Bank for Reconstruction and Development (EBRD), and British International Investment (BII), to advance Egypt’s green transition and micro, small, and medium-sized enterprises (MSMEs).
Photo courtesy of Eslam Mohammed Abdelmaksoud.
Source: International Finance Corporation (link opens in a new window)
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