Weihai Bank Issues RMB 500 Million Three-Year Green Bond in Interbank Market

With guidance and support from the People's Bank of China Shandong Branch, Weihai Bank recently issued a RMB 500 million green financial bond with a three-year term in the national interbank bond market. The bond was issued under the People's Bank of China Blue Finance Standards (Trial), and its proceeds will be invested in industrial projects that simultaneously meet the Green Finance Supported Project Catalogue (2025 Edition) and China's Blue Finance Standards (Draft for Trial). The issuance is part of Weihai Bank's blue finance innovation practice.

Guided by the strategies for building a strong maritime nation and a strong maritime province, and drawing on the region's marine resource endowments, Weihai Bank has explored a path of integrated blue-green development. The bank has established a regular government-bank-enterprise coordination mechanism, aligned with provincial and municipal marine industry policies, and identified the financing needs of marine-related enterprises. On the blue finance product front, the bank has formed a "7+1+1" marine industry loan product matrix and built an integrated "financing plus empowerment" service package. Four distinctive financial products—the marine industry loan, the blue finance-linked loan, the marine carbon sink pledge loan, and the sea area use right mortgage loan—were included in Shandong Province's Service Manual for High-Quality Financial Services for the Marine Economy.