Turn on more accessible mode
Turn off more accessible mode
Home
|
Media Center
|
Careers
Personal
Accounts
Loans
eBanking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
Tutorials
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Our Strategy
Financials
Overview
Quarterly Reports 2010
Annual Report 2009
Annual Report 2008
Annual Report 2007
Annual Report 2006
Annual Report 2005
Annual Report 2004
Annual Report 2003
Annual Report 2001
Previous Quarter Results
Pillar Disclosures
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Internet Banking
Retail login
Help
|
Alert
What do you want to do?
Select here
Access Retail Internet Banking
Home
Investor Relations
Financial News
FinancialNews
31-10-22
ITFC positively proposes for PIF’s largest-ever credit auction throughout FII
(MENAFN) The International Islamic Trade Finance Corp. has positively proposed for the Saudi Public Investment Fund’s Voluntary Carbon Market Initiative Auction that caused in 1.4 tons of carbon credit throughout the 6th edition of the Future Investment Initiative in Riyadh last week.
An associate of the Islamic Development Bank Group, ITFC was between 15 additional Saudi and local entities that took role in the biggest carbon credit sale.
“This is a remarkable achievement for ITFC towards innovation in green trade financing and development of sustainable trade, as well as supporting OIC members countries' efforts in addressing climate change challenges,” as stated by Hani Sonbol, chief executive of ITFC.
The VCM initiative is a continuance of the PIF’s efforts to back the nation’s green agenda as well as the completion of its USD3 billion opening green bond, as well as many renewable ventures ruled by the fund as part of its pledge towards establishing 70 percent of Saudi Arabia’s renewable energy volume.
MENAFN31102022000045014228ID1105103405
View complete sitemap
Personal
Accounts
Loans
Mortgage
eBanking
ATM
Internet Banking
SMS Banking
NRI Business
Other Services
Corporate
Corporate Banking
International Banking
Syndicated Loans
Trade Finance
Long Term Finance
Working Capital Facilities
SMEs Facility Application – Law (2) – 2021
Investor Relations
Our Strategy
Financials
LCR Reports
Financial News
BBK News
Local & Global Market
Shareholder's Queries
Customer Service
Branch Timing
Request for Support
Security Center
FAQ
BBK tariffs
Tutorials
Customer Protection
Contact Us
About Us
About Us
BBK Network
Subsidiaries
Board of Directors
Executive Management
Divisions
Corporate Governance
Follow us