The First Deputy Prime Minister of Serbia and Minister of Finance participated in the Global Banking & Markets: CEE, CIS & Turkey 2024 summit in Istanbul, where he presented Serbia’s economic achievements and the EXPO 2027 project.
During the summit, he was also presented with two prestigious awards, one for the financing of the Moravian Corridor project and the other for the issuance of ESG bonds. This annual conference, held in Istanbul, is a key event for countries in Central and Eastern Europe (CEE), the Commonwealth of Independent States (CIS) and Turkey. It serves as a platform for over 600 participants, including governments, corporations, investors, rating agencies, financial institutions and regulators, to discuss financial challenges and innovations related to various sources of financing.
The conference features more than 70 expert speakers from renowned rating agencies and banks, discussing topics such as navigating economic uncertainties, ESG financing, energy transition and sustainable development.
A significant portion of the event is dedicated to awarding countries and corporations from the CEE, CIS, and Turkey that have issued bonds, particularly those related to ESG regulations. Serbia received two awards at this year’s conference.
One award was for the financing of infrastructure and transportation projects, specifically for the Moravian Corridor construction project, recognized as the Transport Finance Deal of the Year for its 1.6 billion euros in export financing with the support of UKEF and MIGA. The other award was for the issuance of ESG bonds, valued at 1.5 billion US dollars, in June of this year. This bond issuance was recognized as the best inaugural sustainable bond in the CEE, CIS and Turkey region, highlighting Serbia’s commitment to sustainable financing.
Both awards acknowledge Serbia’s exceptional performance in infrastructure and sustainable finance, marking a significant achievement for the country in the global financial arena.
