Danske bank has joined forces with SIDA (The Swedish International Development Cooperation Agency) and responsAbility Investments AG to develop a new financial arrangement which makes SIDA the first public aid authority in the world to guarantee a social bond to private investors!
The social bond is SEK 1.5 billion and will provide SMEs in developing countries with capital to start projects that reduce poverty and create opportunities for better health and clean energy.
Learn more about the arrangement in this article (in Swedish).
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