Africa-Press – Cape verde. The Cape Verde Stock Exchange (BVC) was distinguished with two awards by the Global Banking & Finance Review for the implementation of the Blu-X Platform and the issuance of social bonds.
According to a press release, BVC was awarded the “Most Innovative ESG Initiative in West Africa 2024” award for the implementation of Blu-X, which is a regional platform for listing and trading sustainable and inclusive financial instruments aimed at the sustainable economy.
The second prize entitled “Best ESG Social Bond in West Africa 2024″ is related to the issuance, in 2022, of social bonds from Morabi – Cooperativa de Poupança e Crédito, in the amount of 100 thousand contos, aimed at reinforcing liquidity and doubling the portfolio of Morabi credit, essentially aiming to support the reduction of poverty and the promotion of social and financial inclusion.
For BVC, these two “prestigious” awards are recognition of the institution’s commitment to excellence and innovation and reinforce BVC’s ongoing commitment to promoting sustainable and responsible practices in the Cape Verde capital market and the West African region.
The Global Banking & Finance Review is a prestigious international digital financial sector magazine that distinguishes the financial community with awards that reflect innovation, strategy and progress.
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