Financial services provider Standard Bank has released its Thermal Coal Mining Policy, making it the first South African bank to publicly release a policy on lending to coal mining projects.

The release of the financing policy follows the bank’s recent $485-million investment in Mozambique’s Liquefied Natural Gas project, worth $20 billion. Standard Bank’s Chief Executive ...

Financial services firm Standard Bank has issued its first local Tier 2 capital qualifying green bond to finance renewable energy projects in South Africa and increased its social bond issued in ...

This was followed shortly thereafter by an announcement from FirstRand Bank which said it had withdrawn from funding the Thabametsi project in which it was initially involved. Although Standard Bank ...

JOHANNESBURG, May 30 (Reuters) - South Africa's Standard Bank Group (SBKJ.J), opens new tab funded renewable energy projects worth 55 billion rand ($2.79 billion) in 2022, exceeding its green ...

Standard Bank said it is set to move forward with funding for TotalEnergies's planned East Africa Crude Oil Pipeline project after completing a years-long review. The $5 billion pipeline, which would ...

This was followed shortly thereafter by an announcement from FirstRand Bank, which said it had withdrawn from funding the Thabametsi project in which it was initially involved. Although Standard ...