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Bank Asia-Green

Sector: Commercial • Location: Bangladesh

Source: International Finance Corporation (IFC)

Project
Completed
    The proposed investment (Project) is a straight senior loan of up to USD 40 Mn to IFC’s existing client, Bank Asia Limited (“Bank Asia” or the “Bank”). The proceeds would be used by the Bank to develop a Green portfolio of loans in renewable energy and energy efficiency. The investment aims to catalyse the growth of Green Lending Programs for Banks

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Project Information

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The project “Bank Asia-Green” is an infrastructure initiative in the Commercial sector, located in Bangladesh. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Phone

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Email

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Address

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Description

Description

The proposed investment (Project) is a straight senior loan of up to USD 40 Mn to IFC’s existing client, Bank Asia Limited (“Bank Asia” or the “Bank”). The proceeds would be used by the Bank to develop a Green portfolio of loans in renewable energy and energy efficiency. The investment aims to catalyse the growth of Green Lending Programs for Banks in Bangladesh. This will also be FIG’s first climate finance investment with a partner institution in Bangladesh .  

Original sub-sector

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Original Currency

USD

Original budget

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Procurement method

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Budget

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Location

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

Project Type

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Article Published Date

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