Tanzania’s CRDB goes global with landmark green bond listing
CRDB Bank Sirari in Tanzania. According to an LGX statement, CRDB’s green bond has already supported climate-smart farming and improved livelihoods throughout Tanzania.
Tanzania’s CRDB Bank has listed its inaugural green bond on the Luxembourg Stock Exchange (LuxSE) on the back of a $65.7 million subscriptions windfall in its first two years of operation.
The Kijani Bond, launched by the bank in September 2023 to pioneer green financing in the country, made its debut on LuxSE’s Green Exchange (LGX) platform on July 1 for an initial five-year period, maturing in October 2028.
