GREEN BANKING

Tiong Seng secures S$125m in green facilities from OCBC, DBS

S$70m OCBC loan to be used exclusively on projects with "clear environmental benefits"

Singapore

MAINBOARD-LISTED Tiong Seng Holdings has secured S$125 million worth of green loan and environmental performance-linked facilities from OCBC Bank and DBS Bank respectively.

Of that amount, S$70 million - a green loan from OCBC - will be exclusively used on green projects