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.
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

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.

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