2019 Lead manager of the Year for green bonds in the Banks category and for social bonds in the SSA category
Crédit Agricole CIB received the award for best lead manager of 2019 for green bonds in the “Bank” category and for social bonds in the “SSA” category. As with green bonds for environmental projects, social bonds are issued to finance projects providing essential goods, with a commitment to follow the allocation of the funds raised. The award is given by a jury composed of investors on behalf of Environmental Finance, an information and analysis site dedicated to responsible investment and green finance.
Crédit Agricole CIB has assisted many banks with their Green bonds in Europe (Berlin Hyp, BBVA, Crédit Agricole S.A., Commerzbank, DNB Boligkreditt, ING, KBC, Raiffeisen) and in Asia (Agriculture Development Bank of China, Bank of China, China Construction Bank, ICBC, Industrial Bank).
The Bank was also a bookrunner for several social transactions in the public sector, both for multilateral development banks (Asian Development Bank, African Development Bank, Inter-American Development Bank, Council of Europe Development Bank), and for national development banks (ICO in Spain, NWB and BNG in Holland).
Tanguy Claquin, Global Head of Sustainable Banking, explains: “We are very happy to receive these awards. We are proud to support the growth of the Social and Green Bonds market over the last years and to help finance projects that include positive social and environmental impacts.”
Since 2012, Crédit Agricole CIB is one of the global leader in structuring and placing green, sustainability and social bonds. With a 6.9% market share in 2018 (source Dealogic), Crédit Agricole CIB is a leading global bookrunner for green, social and sustainability bonds and was actively involved in drafting the Social bonds guide.