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Proparco and DEG strengthen their partnership with MCB

To support the scaling of climate finance in Mauritius, Proparco and DEG announced a new partnership with The Mauritius Commercial Bank Ltd (MCB) to support the bank in expanding its climate finance offering in Mauritius and Sub-Saharan Africa. Proparco and DEG will provide MCB with a loan of up to USD120 million to support the ....

Michael Fischer , Steven Gardon , Indian Ocean , Affordable Energy , Sustainable Development Goals , Mauritius Commercial Bank Ltd , Law Min , Chief Executive Officer , Success Beyond Number , Regional Director , Southern Africa , Director Financial Institutions Africa , Sub Saharan Africa , Climate Facility ,

USD 400,000,000 Sustainability-Linked Syndicated Loan Facility

The Mauritius Commercial Bank Limited (“MCB”) has successfully signed a USD 400 million Sustainability Linked Syndicated term Loan (“SLSL”), highlighting its commitment to its ESG (environmental, social and governance) responsibility encompassing MCB Group’s Success Beyond Numbers philosophy. This facility marks MCB’s inaugural sustainability-linked loan. The sustainability KPIs (key performance indicators) align with the Group’s ESG ....

Standard Chartered Bank , United Arab Emirates , Abu Dhabi Commercial Bank , Abu Dhabi , Abuz Aby , Intesa Sanpaolo , Bank International , Mizuho Bank , Group Success Beyond Numbers , First Abu Dhabi Bank , Mauritius Commercial Bank Limited , Sustainability Linked Syndicated , Success Beyond Numbers , Sustainable Financing , Middle East , Law Min ,