The Bank has invested EUR 30 million in a sustainability-linked bond issued on the Athens Stock Exchange by GEK TERNA, a leading infrastructure and energy group in Greece. The proceeds of the BSTDB subscription shall be mainly used for the financing of business activities in infrastructure, energy, industrial and real estate sectors.

GEK TERNA’s seven-year EUR 300 million bond will substantially support Group’s extensive investment programme and growth plans. It will also contribute to the dynamic recovery of the Greek economy and to the adoption of environmental principles and their inclusion in daily lives.

It is the first sustainability-linked bond issued in the Greek market, indicating the Group’s strong commitment to contribute to the effort against climate change.

GEK TERNA, with its strong social footprint, takes initiatives that enhance employment protection and have positive impact on the quality of daily life, in green growth, and sustainable development. The participation of the Bank in this landmark issuance strengthens the local capital market and promotes the green economy, while underlining BSTDB commitment to align its financing with the environmental, social and governance (ESG) goals of its member countries.