HBL set to launch Pakistan’s first commercial bank green bond with IFC backing

Habib Bank IFC

Pakistan’s Habib Bank Limited (HBL) is set to issue the country’s first green bond by a commercial bank, with the International Finance Corporation (IFC) proposing an investment of up to $100 million to support climate-related lending in the South Asian nation. The proposed investment, structured as a private placement with a tenor of up to … Read more