A syndicate of European Development Finance Institutions led by Proparco, and including Norfund, DEG, FMO and EFP, has announced a US$200 million Sustainability-Linked Loan to support.
Conference Of The Parties (COP28): Ecobank Transnational Incorporated Signs Its First Sustainability-Linked Loan (SLL) For US$200M With A Syndicate Of menafn.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from menafn.com Daily Mail and Mail on Sunday newspapers.
The Executive Director in charge of Corporate Bank at Ecobank Nigeria, Mr Kola Adeleke, has said sustainability remains an essential part of the lender’s mission and vision of building a world-class pan-African bank.
The banker said this while receiving the Starsight Sustainability Award 2020 from the Head of Sales, SMEs at Starsight Energy, Ms Teme Jack, in Lagos recently.
According to him, the Ecobank Group Sustainability framework is focused on four thematic areas which include Economic Transformation, Environmental Sustainability, Socially Responsible Financing and Human Capital Development.
He noted that these focus areas are aligned with the tenets of the Nigerian Sustainable Banking Principles (NSBP), adding that Ecobank is a signatory member of a number of Environmental, Social and Governance (ESG) framework, including the Equator Principles and the United Nations Global Compact.