ABN AMRO and EIB
ABN AMRO and EIB sound the gong for financing green shipping
The European Investment Bank (EIB) and ABN AMRO (ticker symbol: ABN) have signed an agreement to support investment in green European shipping. It is the first agreement on investment in green shipping with a financial institution in the Netherlands. On this occasion they visit the Amsterdam exchange and open trading by sounding the gong.
The agreement ensures that promoters of green projects, in the maritime transport sector, can benefit from favorable financial conditions through the EIB's AAA-rating. These conditions apply to both retrofitting of existing shipping and the construction of new vessels with a green innovation aspect, and for both inland waterways and sea shipping.
The EIB Facility is an additional incentive for ABN AMRO to encourage shipping customers to seek sustainable solutions and fits perfectly with the bank's other efforts to promote sustainable solutions in this important sector.
For more information: www.abnamro.com