ICBC rings the opening bell for green issuances on Nasdaq Dubai: The Industrial and Commercial Bank of China (ICBC) is listing USD 2.03 bn green bonds on Nasdaq Dubai, pushing the stock exchange’s green issuance total to USD 18.55 bn, according to a press release. The listing includes four multi-currency Belt and Road green issuances from the bank’s branches in Dubai, Hong Kong, Singapore, and Luxembourg.

ESG milestone: Nasdaq Dubai’s ESG classified issuances reached USD 26.45 bn after the listing news, the statement notes. The ICBC green bond listing positions Nasdaq Dubai to meet the growing demand for sustainable financing instruments in the region, said the CEO of Nasdaq Dubai, Hamed Ali.

ICBC is now the largest green bond issuer on Nasdaq Dubai, having a cumulative total of USD 6.93 bn, Nasdaq Dubai said on LinkedIn. The bank is additionally the leading Chinese issuer on the stock exchange, contributing a total of USD 7.43 bn.

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