Technology

AIIB invests US$75 million in green and blue bonds of SeABank

Published

2 years ago

July 1, 2024

HANOI, Vietnam, July 1, 2024 /PRNewswire/ — Asian Infrastructure Investment Bank (AIIB) provides an investment of US$75 million to the green and blue bonds issued by Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB).

AIIB’s US$75 million investment in SeABank’s green and blue bond project is expected to further strengthen the Bank’s strong capital base to expand financing for sustainable economic activities linked to the sea and water, and grow green assets such as green buildings, renewable energy and energy efficiency.

“Viet Nam’s Nationally Determined Contribution lays emphasis on the importance of resource mobilization from financial and international credit institutions to support climate mitigation and adaptation ambitions. AIIB is very pleased to work together with SeABank and IFC in this innovative transaction, which will supplement the on-going measures to reduce greenhouse gas emissions and contribute to the thematic capital market development,” said Gregory Liu, AIIB Director General of Financial Institutions and Funds, Global. “We look forward to seeing more issuances from other Vietnamese financial institutions in future.”

Following SeABank’s sustainable commitment, one of our priorities in the current period is to issue the first blue bond in Vietnam and to issue the first green bond by a private commercial bank in the country. We hope the partnerships with financial institutions such as AIIB and IFC could supplement SeABank with capital sources to foster green credit and sustainable strategies associated with green and blue economy” – said Le Thu Thuy, Vice Chairwoman of the BOD, SeABank.

The investment was mobilized by the co-investor introduction of IFC – SeABank’s strategic partner in terms of sustainable projects, in partnership with the Australian government. Previously at the end of June, IFC provided a US$150 million financing package which includes investments in SeABank’s blue and green bonds.

Sharing the same goal of promoting Vietnam’s sustainable economy, together AIIB and IFC are investing US$150 million in SeABank’s blue and green bonds. Further, IFC will advise SeABank on the bond issuance, application of related frameworks, and pipeline development.

With its sustainable development goal, in recent years, SeABank has continuously prioritized application of E&S risk management, implementation of financial inclusion and green finance projects. As a result, the Bank has been entrusted with and has received continuous investments from various international financial institutions such as DFC, IFC and ADB with a total capital of approximately US$850 million.

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SOURCE SeABank

Technology

Why We Still Appreciate Bada Shanren’s Works Today

Published

10 minutes ago

October 19, 2026

NANCHANG, China, Oct. 19, 2026 /PRNewswire/ — A report from Jiangxi International Communication Center (JXICC): The year 2026 marks the 400th anniversary of the birth of Bada Shanren. He was an outstanding master of Chinese calligraphy and painting. His works are treasures of traditional Chinese calligraphy and painting, embodying profound Chinese aesthetics and humanistic heritage, and exerting a far-reaching influence on international art.

Recently, the Event for the 400th Birth Anniversary of Bada Shanren “The Cosmos as Inner Heart: International Youth Step Into Bada Shanren’s World of Art” was held in Qingyunpu District, Nanchang City, Jiangxi Province— the hometown of Bada Shanren. Chinese and foreign youth representatives and guests from 19 countries and regions including the United States, Russia, Morocco, Turkmenistan and the Republic of Korea participated.

Brushstrokes Without Borders: A Cross-Cultural Art Dialogue

Four hundred years of ink transcends borders. Even with different cultural backgrounds and languages, people can transcend cultural differences and feel the resonance brought by art. Khollii, a Tajik student studying in Jiangxi, was captivated by the distinctive charm of Bada Shanren’s artworks and shared her story about brushstrokes, “This powerful personal expression aligns closely with the pursuit of individuality in Western modern art.”

Bada Shanren’s 400-Year-Old Inner Story Unfolds to Twin Students

Mexican twin international students Luis and Erick are studying in Jiangxi. At first, they were confused by Bada Shanren’s paintings, depicting fish and birds with upturned eyes amid expansive blank spaces. After learning about the artist’s life, they sensed the unyielding emotion in his brushwork. They hope to act as a cultural bridge, sharing the timeless charm of this Jiangxi master’s art with global audiences.

Why We Still Appreciate Bada Shanren’s Works Today

Why do we still appreciate Bada Shanren’s works today? As a foreigner, Mickie from Panama has her answer. To understand Bada Shanren’s works do not need mastery of classical Chinese, thorough knowledge of the complex history of the Ming Dynasty, or deep research into every detail of his life. “Simply feeling the emotions conveyed in his paintings can spark a spiritual dialogue across hundreds of years.”

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SOURCE Jiangxi International Communication Center(JXICC)