French green bank expands into Saudi Arabia

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French corporate and investment banking company Natixis has expanded its operations into Saudi Arabia in order to mediate between international investors and regional borrowers who want to focus on more sustainable and environmentally friendly ways of doing business.
While the company has had a presence in the Middle East for over 20 years, it was awarded a license to operate in the Kingdom by the Capital Market Authority in May this year.
Barbara Riccardi, the company’s regional head in the Middle East, said it was an obvious move as the Kingdom is “one of the largest contributors” to the region’s economy.

Source: French green bank expands into Saudi Arabia (arabnews.com)


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