Philippine Bank to sell bonds against ocean pollution.

M2 EQUITYBITES-May 2, 2022--Philippine Bank to sell bonds against ocean pollution

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Global Banking News - 02 May 2022

Philippines-based BDO Unibank, Inc is planning to sell bonds against ocean pollution.

The bank is aiming to use the proceeds from the sale to fight marine pollution and preserve water resources. The World Bank Group's International Finance Corp is to purchase USD100m of the so-called blue bonds, which are claimed to be the first of their kind in the nation.

The...

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