ESG in Banking
IFC puts $100m into UnionBank to fund MSMEs and green projects
IFC puts $100m into UnionBank to fund MSMEs and green projects
UnionBank plans to grow and diversify its sustainability assets.
Think tank urges Japan to ditch market neutrality to fight greenwashing
Japan’s central bank should establish a green collateral framework and revise its green investment directions, it said.
Deutsche Bank invests $50m in Southeast Asia climate fund
The bank will provide oversight for the programme and oversee fund implementation.
Krungsri targets $10.78b in sustainable finance as ESG anchors 2026 strategy
Krungsri seeks to expand client opportunities through collaboration with MUFG.
HSBC deploys $4b for Chinese clean energy firms seeking overseas expansion
The bank expects Singapore to play a central role in deploying the funds across ASEAN.
2 in 3 firms exploring transition finance: study
In APAC, 91% of companies expect stability or growth in the transition finance space.
Techcombank secures $231.32m EIB deal to expand sustainable lending
The EIB Advisory will help strengthen the bank’s climate risk management framework, amongst others.
BSP extension lets banks write bigger green loans beyond 25% cap
Banks can exceed the single borrower’s limit by an additional 15%.
ING posts record half with US$78.8b in sustainable finance deals
APAC made up 13% of all transaction volumes, behind the EMEA and Americas.
Singapore and China reaffirm green finance cooperation
They are advancing discussions on taxonomy criteria for transition activities.
Australia’s big four banks' fossil fuel exposure remain in billions
They are exposed to methane emissions, which they do not measure separately.
Krungsri and Schneider Electric promote energy efficiency in SMEs
They will develop advanced energy technologies alongside financial solutions in Thailand.
Banks ramped up fossil fuel financing in 2024
Amongst Asian banks, Mizuho Financial and Mitsubishi UFJ Financial are on top of the list.
SMFG to merge cloud service Sustana in business partner Asuene’s products
Sustana provides the Japanese bank’s clients calculations of GHG emissions.
Krungthai Bank links Thaoil’s FX hedging transactions to ESG
Thaioil can get discounts if it successfully meets its ESG goals.
Weekly Global News Wrap: Piraeus buys 90% of Ethniki Insurance; BBVA SA seeks double CIB revenue
And the world’s leading climate coalition seeks new members as it overhauls rules
Sumitomo Mitsui unveil Grantee Introduction Services
Customers will be connected to entities and institutions that support education.
Commentary
From automation to agency: Asia’s wealth leaders can reinvent, not just streamline
Singapore aced its FATF evaluation — now comes the hard part
Are Asia’s digital banks prepared for the stablecoin era?
Why APAC is building home-currency stablecoins
Why Southeast Asian wealth managers must design the business before buying the technology
Why trust in Asian banking increasingly gets built off the record
Hong Kong cleared stablecoins for take-off. Getting them to work across Asia is the hard part
The financing challenge behind Asia’s wealth transfer