Bank lends support to Blue Bond initiative

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Government officials and guests at the launch of the Sovereign Blue Bond initiative. Picture: FILE

HFC Bank has announced its support for Fiji’s groundbreaking Sovereign Blue Bond and is proud to announce the successful tender of the Blue Bond with a major investment towards the Blue initiative.

“We wholeheartedly support generating funds for our country’s transition to transformative ocean activities, as well as conservation and protection of Fiji’s vital marine ecosystem,” HFC Bank CEO Rakesh Ram said.

“HFC Bank is always proud to provide appropriate solutions to help these sectors thrive and propel Fiji closer to its sustainable blue initiative goals.

“As the only Fijian bank, our focus and strategy is engrained towards development and growth of our country and the Fijian people,” Mr Ram said.

The Fijian Sustainable Bond Framework was launched on November 3 by the Government of Fiji, with support from the United Kingdom’s Blue Planet Fund and the United Nations Development Program (UNDP) Pacific Office.

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