Basisbank has won the Best Green Deal award at the Asian Development Bank’s (ADB) annual Awards ceremonyin Singapore on 5 September 2023.
The award for the trading period July 2022-June 2023 recognizes a trade finance transaction supported by ADB’s Trade Finance Program (TFP) that specifically contains environmental sustainability components.
Basisbank was acknowledged for its commitment to supporting its clients in their efforts to reduce climate change and move beyond net-zero to build a sustainable economy. This approach brings added value that has a tangible positive impact on climate change.
“We’re delighted to have won ADB’s TFP Best Green Deal award as it is one of the most prestigious awards for us which echoes our bank’s commitment to climate alignment, environmental sustainability and cross-border trade. We would like to thank ADB for recognizing our efforts and supporting us over the years. We continuously build our expertise and partnerships to accelerate climate-aligned financing and help our customers develop practical and scalable solutions to mitigate climate risks,” Basibank General Director David Tsaava says.