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UOB extends S$140m in green loans to real estate SMEs
It aims to help more clients in property sector develop sustainable buildings
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Published Thu, Oct 31, 2019 · 09:50 PM
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.
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