Business
17:38 15 June 2021
Post by: WBJ

The role of banks is to help companies structure green projects

The role of banks is to help companies structure green projects
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Bank Ochrony Środowiska (BOŚ) believes that the biggest challenge for banks in the coming years will be their ability to advise clients on how to structure ecological projects both from a purely financial point of view and from the point of view of ecological goals, according to BOŚ president Wojciech Hann. In the era of over-liquidity of the banking sector, the problem is not financing, but providing the bank with a good project, he stressed.

“We think that in the coming years the real challenge will be the ability to combine the skills of arranging to finance with the ability to advise clients on how to structure ecological projects both from the purely financial side and from the side of ecological goals. And we are taking up this challenge - we actively advise our clients, we are with them in developing new forms of financing” - said Hann during the panel “Responsible finance in the new reality” at the European Financial Congress (EFK). ISBnews agency is a media patron of the event.


“It is not money that is the problem, it is the projects and the idea of implementing the projects that are the real challenge,” he said.


As the president pointed out, the beginning of the road to “greening” financial instruments is green bonds.


“Green bonds - this is the cry of fashion and the need of the market. There is a long queue of clients who have not yet been associated with the area of green transformation, but who have decided to enter this path, and this is a very good sign. Green bonds, whose coupon and characteristics are linked to the implementation of ecological targets, are a certain beginning of a path towards the greening of financial instruments”. - The CEO also said.


(wysokienapiecie.pl)



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