Largest Philippine bank to sell bonds against ocean pollution


MANILA, April 30 (Bloomberg): BDO Unibank Inc, the Philippines’ largest bank by assets, will sell bonds to help fight marine pollution and preserve clean water resources.

The World Bank Group’s International Finance Corp. will buy US$100 million of the so-called blue bonds, the first of its kind in the Philippines.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Others Also Read