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FT Sustainable Banking Awards Draws 90 Entries from 48 Banks

ASrIA Chair, Tessa Tennant is one of the judges of the Awards


FT.com

March 16, 2006

The FT Sustainable Banking Awards - created in association with the International Finance Corporation, the private arm of the World Bank - have surpassed expectations in their inaugural year, drawing 90 entries from 48 institutions around the world.

The awards are the first global programme dedicated to recognising banks that have shown leadership and innovation in integrating social and environmental objectives into their operations, while still maximising financial gain for their shareholders.

Banks have entered for awards in one or more of five categories: Sustainable Bank of the Year, Emerging Markets Sustainable Bank of the Year, Sustainable Bankers of the Year, Sustainable Deal of the Year and Sustainable Energy Finance Deal of the Year. Each category will have a shortlist of five finalists, and the winners will be announced at a special awards dinner in London on June 12.

Entries have been received from banks based in 28 countries: Armenia, Australia, Belarus, Brazil, Canada, Chile, Costa Rica, Denmark, France, Georgia, Germany, India, Japan, Mexico, Nepal, Netherlands, Nicaragua, Norway, Pakistan, Philippines, Romania, Singapore, South Africa, Spain, Switzerland, Tanzania, the United Kingdom and the United States. To see the full list, please click here

The judging panel, which includes leading figures involved in sustainable finance and development, will meet in May and June to narrow down the shortlists of nominees.

“I am delighted that so many banks from around the world have chosen to participate in this programme,” said Lionel Barber, editor of the Financial Times. “This very strong response demonstrates the importance of this topic to the international banking community and is also a testament to the FT’s global footprint.”

Lars Thunell, IFC executive vice president, commented: “The strong response to these awards by the financial community is evidence that banks are seeing sustainability as an opportunity rather than a burden. Sustainable banking is a critical issue for businesses and the broader community and we are delighted to be working with the Financial Times in highlighting this trend.”

FT.com: http://news.ft.com/cms/s/9ec7febc-b493-11da-bd61-0000779e2340,dwp_uuid=07771cc4-3f0d-11da-932f-00000e2511c8.html 



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