OCBC has disbursed S$3.5b under Eco-Care Loans

Two thirds of Eco-Care Home Loan customers live in HDBs.

OCBC’s Eco-Care Loans accounted for 1 in 5 home, renovation, and car loans extended by the bank since its launch in March 2021.

The bank said that it has disbursed more than S$3.5b of Eco-Care Loans in the past two years, with the value in 2022 quadrupling from 2021.

“OCBC Eco-Care Home Loans helped to drive the growth in 2022, increasing in value by four times compared to the previous year. They also accounted for close to a quarter of the number of new home loans in 2022, an encouraging sign that homeowners are actively incorporating sustainability in their lifestyles,” the bank said in a press release.

ALSO READ: OCBC launches net zero loan for corporates

It was reportedly particularly popular amongst HDB dwellers, with two-thirds of the loan’s customers residing in an HDB.

Car loans under the Eco-Care umbrella also thrived in 2022, with loans surging 400% compared to 2021.

Follow the link for more news on

OCBC Bank

Eco-Care Loan

Also Read

HSBC invests $100m in MSME finance platform Funding Societies

GoTyme, foodpanda launch flexible loans to MSMEs

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit