It’s the first green loan facility in Asia and Africa, and second globally; Refinancing of the loan done by ADCBH and FAB
Green loan
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Green loan
Saudi Red Sea tourism plan set to clinch $3.7 billion green loan
The deal to help fund the first phase of the development will be a so-called green loan, with the proceeds used to finance environmentally sustainable investment
banking
Standard Chartered leads first green loan in Middle East for DP World
Brand View: This is the first green loan in the Middle East region with an Islamic format that links pricing to environmental performance in this way
bank loans
DP World agrees first ‘green’ loan linked to gas emissions
Standard Chartered Bank leads coordination of DP World’s $2bn credit facilities by two years to July 2023