Standard Chartered (SC) has recently named ‘Best Bank in Bangladesh for Sustainable Finance’ at The Asset Triple A Country Awards for Sustainable Finance, a press release said Tuesday.
The bank was recognised by the awarding body for arranging the nation’s first green zero-coupon bond and first green bond. Green, social, and sustainability bond transactions direct fund flows in support of sustainable projects. By issuing the first green zero-coupon bond for Sajida Foundation, SCB, has facilitated greater access to resources for cottage, micro, small, and medium enterprises (CMSMEs).
