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BEA Receives WSBI-ESBG SDG Award Recognition for Climate Finance

PUBT·10/23/2026 08:54:20
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BEA Receives WSBI-ESBG SDG Award Recognition for Climate Finance
  • Bank of East Asia received WSBI-ESBG SDG Awards recognition for climate finance for a second consecutive year on October 23, 2026.
  • The bank expanded its green and sustainable finance framework to include transition finance for hard-to-abate sectors.
  • Its first transition loans in 2025 included a SGD 570 million transition club loan for a Southeast Asian power generation company.
  • The Singapore branch acted as mandated lead arranger for the loan, supporting construction of a hydrogen-ready combined cycle gas turbine facility.
  • The facility will be Singapore's largest and most efficient H-class combined cycle gas turbine facility, capable of using at least 30% hydrogen.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. BEA - The Bank of East Asia Limited published the original content used to generate this news brief on October 23, 2026, and is solely responsible for the information contained therein.