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Issue 45: Sustainable finance’s big love for SMEs; forgiving debt for climate

Kenneth Lim

Kenneth Lim

Published Fri, Apr 14, 2023 · 07:00 PM
    • The three Singapore banks’ sustainable finance portfolios have grown at a rapid pace over the past three years and now represent about an eighth of combined gross customer loans.
    • The three Singapore banks’ sustainable finance portfolios have grown at a rapid pace over the past three years and now represent about an eighth of combined gross customer loans. ILLUSTRATION: KENNETH LIM

    In this issue: Banks wooing small firms in sustainable finance isn’t only about the interest, while poor countries might need a break to meet climate goals.

    Singapore

    Banks go big on small and medium enterprises for sustainable finance

    Small and medium-sized enterprises (SMEs) are an increasingly important segment of the sustainable finance market for Singapore’s banks. The challenge is figuring out how to pull that long tail on board.

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    ESGESG Insightssustainable financeSMEsDevelopment finance

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