First Abu Dhabi Bank (FAB) has issued AED1 billion ($272.2 million) digitally native green notes, thus becoming the first digital green bond from the Middle East and North Africa region. The three-year landmark issuance has been settled through Euroclear’s Digital Financial Market Infrastructure (D-FMI).
Long-term green bonds amounting to a total of $870.75 million have been issued to refinance Abu Dhabi's Al Dhafra Solar Photovoltaic (PV) Independent Power Plant.
