Raiffeisen Bank largest issue of green bonds worth over RON 1.2bn starts trading today at the Bucharest Stock Exchange


  • Raiffeisen Bank is listing the second green bonds issue on the Bucharest Stock Exchange, worth over RON 1.2bn.
  • It is the largest corporate bond issue in RON of an issuer in Romania.
  • The total value of the two Raiffeisen Bank green bond issues traded on the stock exchange is RON 1.6bn.


Raiffeisen Bank’s second green bonds issue starts trading today, July 2nd, on the Bucharest Stock Exchange (BVB) Main Market, under the ticker RBRO28. Raiffeisen Bank attracted in June 2021, at the time of the bond issue, over RON 1.2bn, being the largest corporate bond issue in RON of an issuer in Romania and the first non-preferential senior bond issue of the bank. The funds raised will be directed to finance Raiffeisen Bank's eligible projects to ensure the transition to a sustainable and sustainable economy.

‘Through the second issue of green bonds on the local market, we reaffirm our commitment to mobilize financial resources for sustainable purposes and to integrate social and environmental aspects in risk management, in order to ensure a progressive decarbonisation of our loan portfolio’, said Steven van Groningen, Raiffeisen Bank President and CEO.

‘Investors' appetite for green financial instruments, proven by the value of the Raiffeisen Bank green bond issue listed today, of RON 1.2bn, is a good sign for the entire capital market. The global trend in recent years, oriented towards green financing, thus gradually reaches Romania. We are glad that Bucharest Stock Exchange can offer investors new investment options, such as the green ones. We will continue to develop this sector in line with the strategy of the issuers that consider financing through green financial instruments’, said Radu Hanga, Bucharest Stock Exchange President.

The second green bond issue carried out by Raiffeisen Bank on the local market was addressed to institutional investors and attracted RON 1,207.5mn. The bonds have a 7-year maturity, with a fixed annual coupon of 3,793%, approximately 0.8 pp. over the yield of government securities issued in the same currency and with the same maturity. With a total demand of RON 1.35bn, the issue was oversubscribed 1.35 times, compared to the amount initially announced in the opening of the private placement. The bonds are to be included in the bank's own funds and eligible debts base, after the prior confirmation of eligibility by the National Bank of Romania.

‘On May 27th we rang the BVB’s bell to mark the listing of the first green bonds issue on the capital market. By listing the second green bonds issue, Raiffeisen Bank proves consistency in this new direction. It is impressive that we are already talking about a green bond issue as the largest corporate bond financing in RON, and this says a lot about the potential of this segment in Romania. We want to position ourselves as the main financing channel for green investments in Romania and we are confident that new such issues will be listed in the next period’, said Adrian Tanase, Bucharest Stock Exchange CEO.

Raiffeisen Bank is on the fifth bond issue listed on the Bucharest Stock Exchange. In addition to the bonds that started trading today, listed also on the Luxembourg Stock Exchange, investors can invest in Raiffeisen Bank green bonds listed on May 27th, 2021, under the ticker RBRO26, an issue with a value of RON 400.5mn and 5 years maturity, as well as in those listed on May 14th, 2020, under the ticker RBRO29, an issue with a value of RON 480mn and 9 years maturity. Raiffeisen Bank's first two bond issues, from 2013 and 2014, have reached maturity.

Raiffeisen Bank Romania has over 20 years of activity in the Romanian banking sector and over 2.2 million customers, individuals, and legal entities. The bank has over 4,800 employees, over 300 agencies across the country, around 700 ATMs, 400 multifunction machines (MFMs) and a network of over 24,500 POS.