National Australia Bank (NAB) - one of Australia’s four big banks - confirmed today it has joined the Climate Bonds Partners program, saying it will continue working with the Climate Bonds Initiative to grow the green bonds market.
Climate Bonds Partner
Munich-based bank, Münchener Hypothekenbank eG has EUR 35.7 billion (US$53 billion) as of June 30, 2014 of assets under management and has the biggest mortgage cover pool of all German Pfandbrief issuers.
Last year the bank issued a highly successful EUR 300m esg covered bond (ESG Pfandbrief). The bank has indicated its interest in also issuing Green Covered Bonds for low-emission housing.