Dominican Republic Stock Exchange announces the first issuance of a green bond by a financial entity in the country

Banco Popular Dominicano, the largest private bank in the Dominican Republic, has become the first financial entity to place a green bond through the Dominican Republic Stock Exchange (BVRD). The 10-year term fixed-rate bond was issued for an amount in local currency equivalent to nearly 5 million dollars. The resources obtained will be used to finance or refinance loans from the Bank’s green portfolio, reinforcing its commitment to the United Nations’ Principles for Responsible Banking, in alignment with the fulfillment of the Sustainable Development Goals (SDGs) and the 2030 Agenda.