Tag: BBVA’s
BBVA’s social bonds issued in 2020 have helped more than 15,100 businesses through ICO loans in Spain
BBVA placed 1.04 billion through two social bonds in 2020, the funds of which were mainly used to help micro- and small companies through ICO-guaranteed loans, in the case of Spain. In total, 15,175 companies with a total of 207,628 employees have benefited. This is shown in the BBVA 2020 green and social bond report. The report highlights that, since the 2018 publication of the framework for issuing bonds linked to the Sustainable Development Goals (SDGs), the emission of more than 2.3 million tons of CO2 into the atmosphere has been avoided, through the projects financed with BBVAs green bonds ... Read more