DBS provides two-year SLL worth NT$1bn to WistronBy Kao Shih-ching / Staff reporterDBS Bank Taiwan (星展銀行) has provided a two-year sustainability-linked loan (SLL) worth NT$1 billion (US$35.05 million) to Wistron Corp (緯創), with the loan’s interest rate set to fall next year at the soonest if Wistron’s sustainability performance improves, the lender said on Wednesday. That marked DBS Taiwan’s second major sustainability-linked loan after a NT$2 billion loan to AU Optronics Corp (AUO, 友達光電) in 2019. The DBS Bank logo is pictured at the bank’s Tianmu branch in Taipei on Jan. 12. “It has been a global trend to balance business and sustainable development.” DBS Taiwan general manager Lim Him Chuan (林鑫川) said in a statement. DBS Taiwan was the first bank in the nation to issue an SLL, followed by HSBC Bank (Taiwan) Ltd (匯豐台灣商銀) and Taipei Fubon Commercial Bank (台北富邦銀行).

Source: Taipei Times April 04, 2021 15:56 UTC