Kapital Bank joins ESG-linked syndicated loan facility!
June 8, 2023 Kapital Bank participated in sustainability-linked syndicated loan project of Türkiye İş Bankası totalling $224 million to be used according to ESG criteria. ESG stands for social responsibility principles included as environmental, social and governance fields.
The syndicated loan involved 33 banks from 16 countries across America, Europe, the Middle East and Asia. The participation of Kapital Bank in such structured loan is of great importance in terms of fostering interbank correspondent relations and ensuring the long-term sustainable growth of cooperation with international partner banks. The bank continuously aims to support these type global projects that carry socio-economic significance.
A syndicated loan is a financing offered by financial institutions to provide funds for a single borrower in international markets.
Kapital Bank, the country's first bank, is part of PASHA Holding. Kapital Bank has the largest service network in Azerbaijan with 115 branches and 30 departments all over the country. For more detailed information about the Bank’s products and services, please refer to www.kapitalbank.az website, 196 Call Centre or the Bank’s various social network pages. To apply for a consumer loan visit https://kbl.az/krdt, for a Birbank installment card visit https://kbl.az/tkstcrd.