Green loans gaining traction among firms

Chief executive of Century Water Systems & Technologies Eugene Liu said they are looking at more opportunities to conduct similar long-term sustainability projects with other firms. ST PHOTO: CHONG JUN LIANG
New: Gift this subscriber-only story to your friends and family

SINGAPORE - Green loans are gaining traction among companies here amid heightened awareness of sustainability-related issues and the wider availability of financial products.

Banks said they have received more queries from firms after launching frameworks to help businesses get loans that can finance projects with an environmental and social impact.

Already a subscriber? 

Read the full story and more at $9.90/month

Get exclusive reports and insights with more than 500 subscriber-only articles every month

Unlock these benefits

  • All subscriber-only content on ST app and

  • Easy access any time via ST app on 1 mobile device

  • E-paper with 2-week archive so you won't miss out on content that matters to you

Join ST's Telegram channel and get the latest breaking news delivered to you.