Sustainable Finance Awards 2025: Central and Eastern Europe – Magic Post

Last year, Central and Eastern Europe (CEE) witnessed more progress in sustainability, which is encouraged by a series of climatic events-including floods and record temperatures-which made the need for a fast, more aware green transition ever. Governments (with the exception of the United States, local companies, investors and banks are now in a wide agreement on the need to continue moving forward, and left the energy density. The need to shift towards alternative energy sources has been strengthened by moving away from Russian gas and oil, which most countries see a vital step towards providing energy security in the long term.

Minds have been more focused through a series of major conferences aimed at enhancing sustainability throughout the region and highlighting the role of banks. This annual meeting included last May, in Yerevan, Armenia, from the European Bank for Reconstruction and Development (EBRD). EBRD aims to become a majority green lender this year. Its green projects include Green Cities and the Finance Green Academy, which aims to encourage banks to increase their green financing. Meanwhile, Prague hosted last May, the Sustainable Corporation for the annual CEE financing summit, which will be repeated this year, focused on how to maximize opportunities under the European Green Commission, among other things. In the area, banks in the region led the way to enhance awareness of the need to move towards a more green future and catch a wide range of strategies and tools to push this forward.

OTP Bank

The best sustainable financing bank

Best Banking/Loans associated with sustainability

For a long time, the largest bank in Hungary, active throughout CEE in 12 countries, has been committed to green and sustainable projects. More than 2024, OTP Bank It strengthened its position as a leader in these areas. The bank has a department dedicated to the environment, social and governance (ESG) that works closely with the bank’s branches via CEE – a unique network that guarantees the consistency of policy and transparency in all countries. The OTP group established a sustainable financing framework (SFF) in 2022 to facilitate the issuance of bonds to financing and re -financing projects that enable the transition to a low -carbon and climate economy or have a positive social impact and mitigate social problems.

In the third quarter of 2024, the volume of the green loan increased by 38 % year on an annual basis to 649 billion forn (about 1.65 billion dollars), while green retail loans increased by 17 % on an annual basis to 51 billion forn. Sustainability reports that since the issuance of green bonds for 2022 under SFF, “1.26 billion euros have been allocated in renewable energy categories, green buildings, and clean transportation, with projects in Albania, Bulgaria, Croatia, Hungary, Romania, Serbia and Slovea.”

OTP has set its ambitious ESG financing goals that it is looking to achieve largely: for the full year 2024, the target was 1 trillion Forent; By the end of the third quarter, 873 billion Fortune was achieved. The goal for 2025 is 1.5 trillion Forent, 50 % higher than 2024, indicating the extent of ESG aspirations from OTP.

Your busts

A sustainable financial deal for this year

Best Bank of Sustainable Infrastructure/Project Financing

Best Bank of Sustainable Finance in Emerging Markets

Best Bank of Social Bonds

The best bank to maintain societies

Last year was a key to Your bustsAnd a pioneering Turkish bank that wins at least five of the desired sustainability awards for the CEE region in addition to one international award. In all, the bank provided 126 billion Turkish liras (about $ 3.5 billion) in sustainable financing in the first nine months of 2024, based on the data of the banking management system only, an amount that includes small and medium-sized loans (SME) (for example, access to basic services, support for women’s owned SME) and other trade loans, and other commercial devices in its social lines- the purchases of Eurobond- And syndicated-loan.

AKBANK won the sustainable financing deal for this year with its release in June, at a value of $ 500 million of the uninterrupted urebond sustainability to achieve a 7.5 % return and the size of a total book for a $ 1.5 billion version. The ambitious deal bought the financing share that focuses on sustainability in the bank’s portfolio to 66 % of the total.

In the aftermath of the devastating earthquake in February 2023, which requires billions of dollars for reconstruction, AKBANK has sharpened its skills to finance the construction of infrastructure in a sustainable but effective manner. The pockets of need through Türkiye enabled the bank to also become a leader in issuing social bonds to reduce poverty and increase inclusion. In 2024, AKBANK signed a major agreement with EBRD called the sustainable supplier financing program, a risk sharing model specifically developed for the supply chain -based supply.

Iskank

The best solution to investment effect

Based on its victory in 2024 the best bank for sustainable societies in Central and Eastern Europe (CEE), Iskank She continues to dedicate an impact on a sustainable economic transformation and won the Best Investment Solutions in CEE for this year.

In 2024, the second largest bank in Türkiye signed a joint loan deal for about $ 585 million, which will be used to finance environmental and social investments that are in line with the ISBANK sustainable funding framework.

Hakan Aran, CEO of ISBNK, indicated at the time of the loan announcement that the financing that carries the issue of sustainability is an element in the strategic goals of the financial institution.

“We will continue to support the sustainable shift in the economy through this external financing,” he said. “Thanks to this financing of $ 1.1 billion, we renewed the loan we got during the same period in the previous year by 124 %.”

VUB Bank

Cardiac Economics Award

VUB BankAs part of the Intesa Sanpaolo collection, it showed a clear dedication to the circular economy. Slovakian, affiliated with a circular economic office, has experience and support to companies that are transferred to circular models. This is part of a strategy aimed at integrating ESG into the wider bank operations. VUB offers many financial products and services, as well as partnerships, to support companies in their circular economic ambitions. Offer offers include loans, leasing and other financing solutions. For individuals, the bank provides green mortgages and loans on reasonable conditions for environmentally friendly home improvements and electric cars.

VUB’s commitment to the circular economy reflects the goal of the Intesa Sanpaolo to become a neutral climate bank by 2030. For this purpose, he gave the priorities of digitization, and a few years ago, the 60 million documentary documentation that the bank sends to its customers every year, using a flexible, reliable and highly effective product.

Development and Investment Bank in Türkiye (Debt)

Best Development Bank for Sustainable Finance

the Development and Investment Bank in Türkiye (DIBT) recently celebrated the fiftieth anniversary of its founding and works through development services, investment banking services and fund activities. It was established in 1975, and it provided more than $ 5.3 billion of financing through industry investments, renewable energy, resource efficiency, many other areas, and work closely with other development banks and international institutions. The bank is located in the midst of Türkiye’s continuous efforts to enhance green energy, reduce its dependence on fossil fuels, and improve energy security in the long run. Therefore, it is active in providing financing for wind, solar energy, water energy and other renewable energy projects.

At the end of 2024, DIBT received $ 100 million investments from the International Finance Corporation to increase financial support for institutions that enhance the inclusion of women, enhance the economic participation of women, leadership, and access to services in Türkiye.

Raiffeisen Bank International

Best Green Bond Bank

Best Bank for Sustainable Bonds

Best ESG loans

Best Bank for Sustainability Transparency

Green and sustainable bonds have increased significantly more than 2024, with Raiffeisen Bank International (RBI) easily exceeds the total ESG financing goal of 7 billion euros for this year, reaching about 16 billion euros by the end of the third quarter. The release of sustainable bonds reached 4.1 billion euros, with three RBI banks (in Czechia, Slovakia and Hungary) that export ESG bonds of 15 billion euros by the end of 2024.

RBI wins the award as the best sustainable transparency bank due to the extent to which environmental fears are deep To measure after our obligations to the initiative of the science -based goal, the principles of responsible banking services, the United Nations sustainable development goals, the organizational requirements, of course. ”RBI authors wrote to benefit from funding in spelling representation, alleviate the representation of green empires, reduce dictation representation, reduce the representation of green goals, reduce the representation of the green task and reduce the representation of the green task And the reduction of funding has been assembled by green representation and relieving customer representation by alleviating acting by green transformation. RBI. This strategy was also presented to the European Central Bank.