The International Finance Corp. (IFC) has invested $100 million (over P5.8 billion) in City Savings Bank Inc.'s (CitySavings) maiden social bond issuance aimed at bankrolling more consumer loans to women and marginalized sectors in the Philippines. The World Bank Group's private sector arm...
AyalaLand Hotels and Resorts Corp (AHRC) has signed an agreement with the International Finance Corporation (IFC) signifying its commitment to achieve EDGE Zero Carbon certification for 2,826 rooms in its hotel portfolio by 2026, a first for a hotel group in the Philippines. EDGE Zero Carbon...
Ayala Land Inc. and its real estate investment trust AREIT Inc., reported of having the largest EDGE (Excellence in Design for Greater Efficiencies) Zero Carbon certified office portfolio in the Philippines after eight of their buildings were certified. In a disclosure to the Philippine Stock...
Ayala Land Inc. (ALI) and the International Finance Corporation (IFC) have signed a Memorandum of Understanding (MOU) for a partnership that would help accelerate the transition of the Philippine property sector toward net zero. Under this historic agreement, ALI and its real estate investment...
The International Finance Corporation (IFC), a member of the World Bank, has agreed to invest $250 million in a green bond to be issued by Bank of the Philippine Islands (BPI) of the Ayala Group. In a disclosure to the Philippine Stock Exchange, BPI said this is the biggest deal IFC has done with a...
BDO Unibank, Inc. (BDO) has raised $100 million from the issuance of its maiden Blue Bond through an investment from the International Finance Corporation (IFC). In a statement, the bank said this issuance will expand financing for projects that help prevent marine pollution and preserve clean...
The International Finance Corporation has invested $100 million through a private placement of social bonds issued by Ayala Corporation subsidiary AC Health to help the development of the country’s healthcare sector. The $100-million social bond, which is first of its kind earmarked for...
Millennial Resorts achieves the first EDGE certification for Resort Hospitality in the Philippines TRANQUILITY EDGE-Certified Millennial Resorts feature the Cocoons and Club Laiya Millennial Resorts has achieved the very first EDGE (Excellence in Design for Greater Efficiencies) certification for a...
GrowSari, a Philippine B2B E-commerce player, has raised US$30 million in funding to date from global marquee investors including China’s Tencent, International Finance Corporation, and the Gokongwei Group. 17716 Founded in 2016, GrowSari is a tech-enabled B2B platform that outfits Philippine...
