green finance

NEX mall owner bags S$900m green loan from DBS, OCBC and UOB

GOLD Ridge, the owner and developer of NEX, has bagged its maiden green loan totalling S$900 million from DBS, OCBC and UOB to refinance the shopping mall.

OCBC, DBS rev up green car loan competition

OCBC has launched an Eco-Care car loan package at a preferential pricing of 1.68 per cent per annum for the purchase of electric vehicles (EVs).

Sustainability: the rise of green agendas

SINGAPORE is showing strong international leadership on its sustainability drive, with ambitious and concrete targets as part of a new initiative called the Singapore Green Plan 2030.

Growing focus on sustainability gives Singapore an edge in green economy

THE sustainability agenda presents "green shoots" of opportunities for businesses, particularly those that have "raced ahead" to make this their basis of differentiation, now that there is a high...

Logistics property player GLP obtains US$658m sustainability-linked loan

GLOBAL logistics property player GLP has obtained its first sustainability-linked (SL) loan of US$658 million from 10 undisclosed banks that participated in the deal.

Singapore banks latch onto electric-car market

Two of Singapore's largest lenders are banking on the local electric vehicle (EV) market following the return of Tesla, whose sales portal went “live” in the city state last week.

DBS boosts sustainable finance target to S$50b by 2024

DBS has raised its sustainable finance target for 2024 to S$50 billion, which is well over twice of the lender's previous S$20 billion target for the same year.

MAS launches grant to drive adoption of sustainable financing

SINGAPORE is driving up corporate interest in sustainability, with a new grant on board and banks stepping up to improve access to sustainable financing.

New green finance centre in Singapore to drive Asia-focused research, develop talent

IMPERIAL College Business School and the Lee Kong Chian School of Business at Singapore Management University (SMU) on Tuesday launched the Singapore Green Finance Centre.

OCBC's shift from offshore exposure to sustainable financing no less challenging

WITH the recent slashing of OCBC's exposure to the offshore support vessels (OSV) sector, the question is whether the bank's plan to rev up its sustainable finance portfolio will be able to make...

OCBC sees no long-term impact from Covid-19 on sustainable financing ambitions

COVID-19 will not have a long-term impact on OCBC's sustainable financing ambitions, even as companies' attentions are now diverted to immediate issues as they struggle with the pandemic fallout...