First green bond of Chinese financial institution successfully issued in CEE

Source: Department of Regional Openning-up / Updated: 2022-03-29

The Hungarian branch of the Bank of China has recently completed the international issuance of 300 million U.S. dollars green bonds with a maturity of 2 years, which was the first green bond issued by a Chinese financial institution in Central and Eastern Europe.

The fund raised by the green bond will be used for a number of green and sustainable projects like PV power generation and sewage treatment.