BBVA tweaks sustainability framework to permit more clients

By Mike Turner
02 Dec 2019

BBVA has expanded its framework for the social, green and sustainable facilities it provides to include companies and sectors that do not have projects directly connected to the UN’s Sustainable Development Goals.

Now, BBVA clients can sign a social, green or sustainable facility from the lender as long as they can show they are seeking to “establish strategies to stop climate change and promote sustainable development with new ‘sustainability-linked products’”, the Spanish bank said.

Trade finance makes a large showing under ...

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