De Volksbank extends green trend to tier twos

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De Volksbank extends green trend to tier twos

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Tourists stand among the yellow flowers when they visit the windmills in Kinderdijk, The Netherlands, 22 April 2019. (Photo by Robin Utrecht/Sipa USA) | Robin Utrecht/SIPA USA/PA Images

De Volksbank said that ambitious sustainability targets played a big role in helping it to attract investor attention this week. The Dutch lender became the first European bank to sell a tier two bond in green format, hot on the heels of the first green additional tier one transaction.

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