More consumers take up eco-friendly loans given out by banks
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The number of OCBC Bank’s eco-care car loans has surged since they were introduced in 2021.
PHOTO: OCBC
SINGAPORE – Eco-friendly habits might have begun with cutting down on plastic bags and straws, but consumers here are now incorporating environmental awareness in a bigger way by taking out “green” car and home loans.
Banks are on board and are offering preferential interest rates on such loans as incentives for more customers to go green.
