Nasdaq Dubai welcomes the listing of $2.03bln green bonds by Industrial and Commercial Bank of China

Nasdaq Dubai welcomes the listing of $2.03bln green bonds by Industrial and Commercial Bank of China

The listing includes four issuances from ICBC’s branches in Dubai (DIFC), Hong Kong, Singapore and Luxembourg

Nasdaq Dubai continues to be the regional leader for innovative and sustainable financing solutions, with Nasdaq Dubai's Green issuances alone accounting for USD 18.55 billion.

Dubai: Nasdaq Dubai announces the listing of Green Bonds totaling USD 2.03 billion by Industrial and Commercial Bank of China Limited (ICBC). The listing includes four issuances by ICBC's branches in Dubai (DIFC), Hong Kong, Singapore and Luxembourg.

The listing of ICBC's Green Bonds consolidates its position as the largest issuer of Green Bonds on Nasdaq Dubai with a cumulative total of USD 6.93 billion. In addition, this listing establishes ICBC as the leading Chinese issuer on Nasdaq Dubai, contributing a total of USD 7.43 billion.

To commemorate the successful listing, His Excellency Li Xuhang, Consul General of the People’s Republic of China in Dubai rang the bell at the market-opening ceremony at Nasdaq Dubai in the presence of Luo Wei, General Manager of ICBC Dubai (DIFC) Branch and Nasdaq Dubai and Dubai Financial Market (DFM) management.

Luo Wei, General Manager of ICBC Dubai (DIFC) Branch, said: "The listing of ICBC’s multi-currency Belt and Road green bonds issued by