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DBS : Hong Kong and Sanfield pave the way for green construction with a pioneering sustainability-linked supplier payment services program | Hong Kong 16 May 2024 5
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DBS Hong Kong and Sanfield Pave the Way for Green Construction with a Pioneering Sustainability-linked Supplier Payment Services Program
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DBS Hong Kong and HSH Financial Services close HK$800 million bilateral sustainability-linked loan deal
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Five of Hong Kong's major banks have teamed up with the government-backed Export Credit Insurance Corporation (ECIC) to offer the city's exporters better coverage for payment defaults by private mainland Chinese firms. Under the "risk sharing arrangement on domestic risks in the mainland" scheme launched on Monday, one of HSBC, DBS, Hang Seng Bank, Bank of China (Hong Kong) or Bank of East Asia will share their credit assessment of mainland buyers with ECIC when a Hong Kong exporter wants to buy