The inclusion of Russia’s first issue of green bank bonds in the Moscow Exchange’s Sustainable Development Sector was a landmark event for the Russian economy. For the issuer, Center-invest Bank, it was the logical next stage in its responsible financing of environmental measures. Chairman of Center-invest Bank’s Executive Board, Lidia Simonova, notes that it was a major achievement in terms of the bank’s strategy. It reinforced that ESG banking is not only the main trend in global financial markets; it can also be the guiding philosophy for a regional bank.
The lockdown and measures to support the economy amid the Covid 19 pandemic have turned the concept of a distance economy into a reality. Dr Vasily Vysokov, Professor of Economics, Chairman of the Board of Directors of Center-invest Bank, presents his vision for the principles of the economy that we see being formed right before our eyes.