International Finance Corporation (IFC), a member of the World Bank Group, is considering a $150-million investment in bonds to be issued by TMBThanachart Bank (TTB), one of the largest banks in Thailand.
TTB, originally established as Thai Military Bank (TMB) in 1957, plans to issue a green bond of up to $100 million and a blue bond of up to $50 million via private placement to IFC, according to the disclosure.