Mashreq Bank to facilitate sustainable financing worth $30bn by 2030  

Thu, 2022-11-10 08:36

SHARM EL-SHEIKH: Mashreq Bank, the oldest privately owned bank in the UAE, will increase the amount of its sustainable financing to $30 billion by 2030, a senior official said. 

“There’s a huge appetite for green and other forms of sustainable finance, and we only see it is increasing,” Tarek El-Nahas, senior executive vice president and group head of international banking at Mashreq Bank, told Arab News.  

He added: “The regional economy is still very robust, and MENA is the fastest growing region globally, so we are not seeing downward pressure here.”    

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