JPMorgan Development Finance Agency Made Its First Agreement. JPMorgan development finance agency made its first agreement. The agency made its first agreement by exporting 250 million green bonds to a Georgia-based energy company.
The agreement, signed with Georgia Global Utilities firm on Thursday, is the bank’s first agreement with the title of development finance structuring agency.
According to the statements of Stefan Weiler, who is in the management of capital markets for various regions, this agreement, which supports economic and environmental projects, has been the focus of attention for many investors.
JPMorgan announced the establishment of the development agency in January of this year to provide $ 100 billion in development finance. This agency was thought to contribute to investment banking and other market-related sectors.
In the statement made by JPMorgan development director Faheen Allibhoy said, “We see that the export of borrowing markets and financial agreements have become widespread among other transactions. We have a wide range of support from Middle East to Latin America”.