CEE’s best ESG deal 2025: QNB Bank’s dual issuance $100 million green bond and $25 million blue bond

QNB Bank in Turkey broke new ground with its pioneering dual issuance of a $100 million green bond and $25 million blue bond, establishing a fresh benchmark for sustainable finance in the region. The transaction delivered Turkey’s first blue bond and joined an exclusive club of just 23 blue bonds globally, structured under QNB Group’s sustainable finance and product framework and aligned with International Finance Corporation (IFC) and European Bank for Reconstruction and Development (EBRD) standards.

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