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EBRD invests €24.7 million in first MAS Securities' real estate green bond


EBRD invests €24.7 million in first MAS Securities’ real estate green bond
EBRD invests €24.7 million in first MAS Securities’ real estate green bond
Development of green and sustainable retail and residential assets
Company seeks to achieve green building certification
European Bank for Reconstruction and Development (EBRD) has successfully subscribed to a €24.7 million ticket as part of an inaugural five-year €300 million green bond issuance by MAS Securities BV. The firm is wholly owned by MAS Real Estate Inc., an investor and operator of predominantly retail real-estate assets that focuses on central and eastern Europe (CEE).
The Bank’s investment will support the acquisition of green properties and the development of green and sustainable retail and residential assets, predominantly in Romania and potentially in the wider CEE region. ....

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World's Best Banks 2021: Asia-Pacific | Global Finance Magazine


World’s Best Banks 2021: Asia-Pacific
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May 04, 2021
For banks in the Asia-Pacific region (APAC), the onslaught of Covid-19 can perhaps best be characterized as an unprecedented externality that has served to expose in stark relief a twin-pronged dynamic of transformation and consolidation that had been in place before the pandemic emerged.
That dynamic gained momentum thanks to brutal economic contraction, shrinking margins, savage competition and crimped return on equity (ROE). It represents a swift acceleration of forces that had been steadily building prior to the pandemic, characterized by rapidly shifting customer expectations and behavior and hammered home at great speed in the face of lockdowns, social distancing and work insecurity. ....

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