
Bank Rakyat Indonesia leads groundbreaking sustainable finance effort
Bank Rakyat Indonesia has successfully issued the country’s first-ever social bond, raising IDR 5 trillion, or approximately $310 million, to fund inclusive and sustainable development initiatives.
The landmark issuance attracted strong investor interest, marking a major step forward for Indonesia’s environmental, social, and governance financing landscape.
Proceeds will be directed towards supporting small businesses, health, education, and affordable housing projects.
The landmark issuance attracted strong investor interest, marking a major step forward for Indonesia’s environmental, social, and governance financing landscape.
Proceeds will be directed towards supporting small businesses, health, education, and affordable housing projects.