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

Bank is expecting its value of sustainable financing loans in 2020 to be comparable to last year's commitment of over S$5b, says exec.

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Mike Ng, head of structured finance and sustainable finance at OCBC, is optimistic that the bank has a good shot at hitting its "ambitious" new goal.

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.

Mike Ng, head of structured finance and sustainable finance at OCBC, told The Business Times...

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