IFC to invest up to $500m in Indonesia's Bank BTPN through social, green bond issuance

IFC to invest up to $500m in Indonesia's Bank BTPN through social, green bond issuance

IFC’s Managing Director Makhtar Diop attends Signing Ceremony for $500 million IFC financing facility to BTPN with PT Bank BTPN Tbk President Director Henoch Munandar in Jakarta, Indonesia on 17th May 2023

International Finance Corporation (IFC), a member of the World Bank Group, has signed an agreement to invest up to $500 million in PT Bank BTPN Tbk through a social bond and green bond issuance to help the latter support Indonesia’s small businesses, according to a statement on Thursday.

Edited by: Joymitra Rai

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