ESG compliant banking

Singapore unveils industry guidelines for sustainable private banking

The industry group sustainability taskforce has also developed a training benchmark.

Singapore unveils industry guidelines for sustainable private banking

The industry group sustainability taskforce has also developed a training benchmark.

60 largest banks need $210.2b to cover future fossil fuel losses: Finance Watch

Basel’s current framework encourages continued build up of risk, the nonprofit warned.

Citi unveils Sustainable Time Deposit solution in APAC

It will fund environmental and social projects such as water and sanitation infrastructure.

Bank of East Asia reduce emissions by 15%, increase green loans five-fold in 2021

The bank also donated millions to support flood relief efforts.

OCBC invests S$25m to reduce carbon footprint in operations

The bank plans to retrofit its buildings with solar panels.

ASEAN banks have a long way to go in decarbonising finance: Moody’s

There is little space for investors to invest more sustainably.

Citi raises record $40b sustainable financing for APAC clients in 2021 YTD

This was thanks to Alibaba’s $5b offerings and a $2.5 bond issuance by SK hynix.

FIs need to set clear net-zero goals else loans, assets deteriorate: Moody’s

Delayed goals and actions would hurt banks’ asset and loan quality in the future.

Citi APAC appoints head of sustainability & corporate transactions for BCMA group

Rapheal Mun will relocate from Singapore to London for her new role.

Hong Kong lenders gear up sustainability initiatives as post-pandemic era dawns

The total combined headcount across 18 banks in the city is down 2,000 from just 12 months ago.