Nedbank CIB lauded for being a sustainable finance leader in Africa (2024)

Global Finance is known for its rigorous evaluation of financial institutions worldwide. Through its annual Sustainable Finance Awards, it recognises outstanding efforts in sustainable finance, with an emphasis on global, regional and local leadership in driving positive change.

The awards are based on the input and analysis of globally-recognised corporate and financial executives, bankers and banking consultants, who assess the performance of banks on various criteria, such as innovation, impact and alignment with the UN Sustainable Development Goals.

“We are honoured to receive these awards from Global Finance, which strongly affirms our position as the leading bank for sustainable finance in SA,” said Arvana Singh, head of Sustainable Finance Solutions at Nedbank CIB.

We firmly believe that sustainable finance benefits not only the planet and society, but also our business and clients. We have and will continue to leverage our expertise and innovation to provide sustainable finance solutions that create shared value for all our stakeholders.”

This article was sponsored by Nedbank CIB.

Nedbank CIB lauded for being a sustainable finance leader in Africa (2024)

FAQs

What is the meaning of CIB in Nedbank? ›

Nedbank Corporate and Investment Banking is a division of Nedbank, a leading African bank that provides transactional, corporate and investment banking services to local and global markets.

Why is Nedbank known as a going green bank? ›

This remarkable accomplishment underscores Nedbank's commitment to integrating environmental, social, and governance (ESG) factors into its lending and financing activities, as well as its unwavering support for green and social projects that contribute to a more sustainable future for humanity.

Which of the following global best practices are referred to by the Kenya sustainable finance principles? ›

The principles haromize multiple best-practice standards, including the Equator Principles, IFC Sustainability Framework, Nigeria Sustainable Banking Principles, African Development Bank (AfDB) Green Growth Policy, and Global Reporting Initiative (GRI) Guidelines.

What does CIB mean in finance? ›

Corporate & Investment Banking (CIB or BBVA CIB) includes the Group's wholesale businesses, i.e. investment banking, global markets, global loans and transactional services for international corporate customers and institutional investors across its global footprint.

How does CIB work? ›

CIB makes repayable investments in impactful projects that are revenue generating, in the public interest and delivered in partnership with the public and private sectors.

What are the five pillars of sustainable finance? ›

Pillar 1: Definition: Use of proceeds. Pillar 2: Selection: Process for project evaluation. Pillar 3: Traceability: Management of proceeds. Pillar 4: Transparency: Monitoring and reporting.

What is the fundamental of sustainable finance? ›

Sustainable finance weaves environmental, social, and governance (ESG) considerations into financial strategies, striving for a harmony between economic advancement, environmental preservation, and social fairness.

Which of the following best describes sustainable finance? ›

Sustainable finance is about including environmental, social and governance considerations in investment decisions. It leads, in the long-term, to more investment in sustainable projects and activities.

What is CIB payment? ›

CIB: Corporate and Investment Banking.

What is CIB transaction? ›

Corporate Internet Banking (CIB) is ICICI Bank's powerful user-friendly online banking service that helps Business Banking, Corporate and Institutional customers to execute complex banking transactions from their desktops.

What is a CIB report in banking? ›

For determining the trustworthiness of a borrower or applicant, Bangladesh Bank, the central bank of the country, develop a central credit database named Credit Information Bureau (CIB) in 1992 to analyze the repayment capacity and previous loan behavior of.

How do I check my CIB status? ›

Enter Code: Enter the CIB Subject co select, subject type "CIB Subject code valid CIB code & similarly if you se input the F.I subject code of your o authorized to get the CIB report using system will automatically open the check inquiry odule has the easiest way to get the CIB report of any clients.

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