Banking

“Symbiotics launches the first Sustainability Bond in Georgia with MFO Crystal for USD 5 million in local currency equivalent” – Symbiotics – May 17, 2021

In a press release distributed on May 17, 2021 Symbiotics reported that it “has arranged the first Sustainability Bond ever issued in Georgia by raising USD 5 million in Georgian Lari equivalent for JSC MFO Crystal (“Crystal”). The proceeds of the Sustainability Bond will be used to finance both Social and Green eligible loans. The […]

“IFU and Symbiotics provide USD 22.5 million in financing to develop financial inclusion in Africa through a multi-currency bond” – Symbiotics – April 27, 2021

In a press release distributed on April 27, 2021 Symbiotics reported that the “Investment Fund for Developing Countries (IFU) established by the Danish Government has partnered with Symbiotics to provide debt financing to between 15 and 20 financial institutions in Africa through a multi-currency impact bond. The main impact objective of this investment is to […]