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BoS includes ESG when assessing loan principal for investment financing to push sustainable investing by HNWIs

In its drive for sustainable investing, Bank of Singapore on Tuesday announced it will be incorporating ESG factors in the assessment of the principal of loans for investment financing. This means that the loan principal can be raised, if the loan is secured by a mutual fund with the best-of-class MSCI ESG Fund Ratings of AAA or AA. By offering…

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