Tag: Social Housing

Lloyds Banking Group delivers £9bn to social housing sector in just three years

Stuart Mitchell

Since 2018, Lloyds Banking Group has provided £9bn of funding to the UK’s social housing sector, outstripping its original £2.25bn funding commitment by £6.75bn over this period due to strong sector demand and the Group’s appetite to support more social housing and ESG (Environmental, Social and Governance) projects. The funding has been delivered by the Group’s Lloyds Bank, Bank of Scotland, Scottish Widows and Lloyds Bank Corporate Markets teams. Commitment to Social Housing The funding has aided the creation of more, high quality homes helping housing associations provide homes for…

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IFC Provides $335 Million Funding To Banco Davivienda To Spur Lending To Wsmes, Green Projects, And Social Housing In Colombia

Stuart Mitchell

Davivienda received from IFC, a member of the World Bank Group, a subordinated loan of USD$335 million to support the financing of women-owned small and medium-sized enterprises (SMEs), social housing and sustainable construction projects. This is the first loan granted by IFC in Latin America and the Caribbean, under the new regulation on additional solvency of Basel III (new Tier 2). “This operation is part of our sustainability strategy of supporting female entrepreneurship, financing sustainable projects and contributing with Colombians to fulfill their dream of having their own home. With…

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