DBS Bank last year approved syndicated loans of US$764 million, Luo said. The outbreak is expected to have a mild impact on Taiwan’s economy, compared with China’s, Luo said. The bank plans to provide loans to more than 10 green energy projects of this year, he said. DBS would provide assistance to borrowers that have solid business performance, but have seen cash flow drop due to the outbreak, Luo said. “So far, our Taiwanese corporate clients with operations in China are dealing with the situation well.

Source: Taipei Times February 19, 2020 15:56 UTC