MUFG Vietnam took over the chair of the Banking Working Group (BWG), one of the most active working groups under the Vietnam Business Forum, from April 1. The forum serves as a regular and high-level channel of communication between the business community and the government.
Today United Overseas Bank (UOB) launched a Green and Sustainable Deposits solution for its corporate and institutional clients, the first such product in Singapore offered by a local bank. The solution was piloted with GIC.
The financing offered through these ‘Green and Sustainable Deposits will aim to safeguard the environment from climate change. Last month, HDFC and the World Bank Group member IFC entered into an agreement to promote green housing in India through lending for affordable and low-income housing.