The Business Times
SUBSCRIBERS

Royal Group obtains S$250m in Islamic green finance from Maybank

Loan will go towards financing upcoming Raffles Sentosa and existing Sofitel Singapore Sentosa hotels

    Published Tue, Mar 23, 2021 · 09:50 PM

    Singapore

    ROYAL Group, a property investment chain, has obtained Islamic green financing amounting to S$250 million from Maybank Singapore.

    This is said to be the world's first such loan in the hospitality sector.

    Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.

    MaybankIslamic bankingSentosa

    Copyright SPH Media. All rights reserved.

    Reuse this contentFeedback
    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More