Philippine National Bank Plans P3B Sustainability Bond Offering
Philippine National Bank announced plans to offer at least P3 billion in sustainability bonds aimed at financing green and social projects. This issuance reflects the bank's commitment to responsible banking and sustainable growth.
- The bond offering will run from Nov. 26 to Dec. 2, with proceeds directed towards eligible projects.
- This is the first issuance under PNB's P50-billion bond program.
- The bonds are expected to qualify under ASEAN sustainability bond standards.