$200m IFC loan to boost Nedbank CIB’s green investment reach

Financial services provider Nedbank Corporate and Investment Banking (CIB) says a recent agreement with the International Finance Corporation (IFC) will contribute to enhancing the investment scales in favour of sustainable development in the future Nedbank CIB sustainable finance solutions head Arvana Singh explains that the $200-million loan facility procured by CIB will help to complement Nedbank’s established green-finance operations, grow its climate portfolio and expand its support of renewable-energy projects that are key to the continued evolution of South Africa’s green economy.

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