Tag: dbs

The $110m facility for the Singapore PE firm is aimed at providing finance to firms who can provide sustainable performance targets, in addition to agriculture, healthcare, education and financial services.

Phil Carmalt will start in the role at BofA on May 29 and will continue to be based in Hong Kong.

The money raised from the 3.5% notes, due in 2030, will go towards the data infrastructure firm's green projects such as energy efficiency at its data centres across Apac; DBS, Standard Chartered, HSBC and OCBC helped secure the bond.

The five-year loan is the first SLL in Hong Kong’s public transportation sector with Science Based Targets initiative approved decarbonisation targets.

Two groundbreaking projects, Project Ensemble and Project Guardian, are setting the stage for digital asset innovation in Hong Kong and Singapore.

Bhuchar, who once worked at DBS for over a decade, will join the Japanese bank in Singapore to oversee cash and trade products for Asia Pacific clients.

The move comes from the Monetary Authority of Singapore's Project Guardian tokenisation project.

DBS Hong Kong helped initiate the five year loan and one of the aims is to reduce 9% of greenhouse gas emission intensity from the bus company by 2025, and 27% by 2028.

The facility aims to improve trade finance accessibility in the region. It’s the first agreement the IFC has signed with a Southeast Asian bank under its global trade liquidity programme.

Expert panellists in Hong Kong discussed the rise of private credit as a preferred debt structure in Asia, as interest rates remain high and traditional bond issuance slows down.

A new finance tool is combining a green loan facility with know-how from a consultant to drive a path towards the decarbonisation of a heavily polluting industry.

A report published this month by MAS highlights corporate opportunity in Singapore’s GSS+ market. Bond market experts weigh in on the city-state’s potential.