DBS: the bank tops the ranking of Debtwire Asia-Pacific loans (excluding Japan) for the lead arranger mandated ecological and linked to sustainability



Singapore, January 10, 2022 – DBS Bank ranked # 1 in Debtwire’s Asia-Pacific (Excl.Japan) Lending Rankings for its Green and Sustainability-Related Lead Arranger (MLA) role for the year 2021. This is the second year in a row DBS has emerged at the top of the rankings.

According to the ranking, during this period, DBS provided $ 4.86 billion in syndicated and green club loans and sustainability related through 40 agreements to finance the deployment of green and transition strategies such as the promotion of renewable energy projects, buildings and decarbonisation measures. That’s almost double the $ 2.53 billion figure in 2020 across 16 transactions. The funded projects aim to address key areas of environmental concern such as climate change, depletion of natural resources and loss of biodiversity, among others.

For example, to strengthen its commitment to supporting transportation’s transition to a low-carbon mobility future, DBS provided Toyota Financial Services Singapore (TFSSG), a subsidiary of the financial services arm of Toyota Motor Corporation (Toyota ), an amount of SGD 150 million bridging loan to develop its sales of electric vehicles in Singapore. In Hong Kong, the bank also granted Kwoon Chung Bus Holdings Limited a HKD 348 million sustainability loan, the first for the company, to support its efforts to ensure that at least 70% of its bus fleet will be more environmentally friendly in the next five years. In China, DBS signed a RMB 500 million green supply chain finance contract with Huaneng Tiancheng Financial Leasing Co. Ltd., to provide leasing services for renewable energy projects in order to facilitate China’s clean energy sector.

Yulanda Chung, Head of Sustainability, Institutional Banking, DBS said: “This achievement demonstrates DBS’s commitment as a goal-driven bank to help businesses generate long-term value while contributing to goals. United Nations Sustainable Development Policy. Being one of the largest distributors of capital in the world, banks have a responsibility to ensure that capital is channeled to advance sustainable development goals. “

To foster new sustainable progress, DBS recommends stepping up funding for the transition[1]and helping clients adopt incremental but instrumental solutions to reduce their carbon footprint – all of which are necessary to broaden and deepen the market.

Last year, DBS raised its sustainable financing target to SGD 50 billion by 2024, accelerating its sustainability agenda to help clients integrate sustainable business practices into their overall business strategy. DBS is also committed to ensuring net zero operational carbon emissions across the bank by 2022 and continues to reduce the bank’s carbon footprint while advancing its sustainable sourcing agenda.

[1]https://www.dbs.com/newsroom/DBS_launches_worlds_first_sustainable_and_transition_finance_framework_and_taxonomy_to_help_clients_advance_on_sustainability_agenda

APPENDIX

Table 2021 Debtwire Loans League for Asia-Pacific (excluding Japan): Green and Sustainability-Linked Mandated Lead Arranger

Rank Bank Volume (million USD) Number of offers Market share (%)

1

DBS Bank

4,861

40

6.29

2

ANZ Bank

4 729

30

6.12

3

Sumitomo Mitsui Banking Corp

4,599

40

5.95

4

HSBC

4,415

38

5.71

5

Mizuho Bank

4,089

28

5.29

6

National Bank of Australia

3,480

16

4.50

seven

Oversea-Chinese Banking Corp

3 190

24

4.13

8

United Overseas Bank

2,720

24

3.52

9

bank of china

2,712

30

3.51

ten

MUFG

2,521

30

3.26

Source: By Debt

[END]

About DBS
DBS is a leading financial services group in Asia with a presence in 18 markets. Based and listed in Singapore, DBS is present in the three main areas of growth in Asia: Greater China, South East Asia and South Asia. The bank’s “AA-” and “Aa1” credit ratings are among the highest in the world.

Recognized for its global leadership, DBS was named “World’s Best Bank” by Euromoney, “World Bank of the Year” by The Banker and “World’s Best Bank” by Global Finance. The bank is at the forefront of using digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and “Most Innovative in Digital Banking” by The Banker. In addition, DBS was awarded the “Asia’s Safest Bank” award by Global Finance for 13 consecutive years from 2009 to 2021.

DBS offers a full range of banking services for individuals, SMEs and businesses. As a bank born and raised in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with its customers and making a positive impact on communities by supporting social enterprises, as it operates the Asian way. It also established a SGD 50 million foundation to strengthen its corporate social responsibility efforts in Singapore and across Asia.

With its extensive network of operations in Asia and its focus on engaging and empowering its people, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.


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