UOB extends S$140m in green loans to real estate SMEs
It aims to help more clients in property sector develop sustainable buildings
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
UNITED Overseas Bank (UOB) on Thursday said it has provided its first green loans under its new real estate sustainable finance framework.
Lucrum Capital and Teambuild Engineering & Construction are the first to use the framework. The two companies secured a total of S$140 million in three loans to finance the construction and operation of their green buildings in Singapore.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Shelving S$5 billion office redevelopment plan proved ‘wise’ as geopolitical risks mount: OCBC chairman
Eurokars Group introduces rental car franchises Enterprise Rent-A-Car, National Car Rental, and Alamo to Singapore
20 photos that show how dramatically Singapore has changed in two decades
Singapore’s key exports up 15.3% in March from electronics surge, exceeding forecasts
