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HSBC rolls out new green loan
It will accept applications based on Singapore industry certifications, doing away with the need for onerous green finance frameworks.
"Ultimately, every business has a part to play in transitioning to a low-carbon economy - we already have interest from clients in the electric vehicle, engineering or manufacturing, clean water and recycling sectors," says HSBC Singapore's head of business banking Ng Li Lian.
BT FILE PHOTO
REUTERS FILE PHOTO
HSBC Singapore wants to make green finance easier and less costly for small and medium enterprises (SMEs) with a new green loan that will accept applications based on Singapore industry certifications.
This does away with the need for typically onerous green finance frameworks.
"We...
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