The Board of the Central Bank of the Republic of Azerbaijan approved the "Guidelines on Green and Sustainability-Linked Loans", the CBA told APA-Economics.
Note that the main purpose of the guidelines is to ensure the formation and promotion of green and sustainability-linked lending. The guidelines were developed taking into account the "Green Loan Principles" and "Sustainability-Linked Loan Principles" widely used in international financial markets. The document sets out recommendations for credit institutions on granting green and sustainability-linked loans.
The guidelines include recommendations on the preparation of internal policies and regulations of credit institutions on the management of green and sustainability-linked loan portfolios and the definition of the overall management framework.
Follow us on Telegram
t.me/apanewsaz
Follow us on Instagram
Follow us on TikTok
Follow us on Facebook
Follow us on X
