This is the first green loan signed between OCBC Wing Hang Bank and K. Wah International.
OCBC Wing Hang Bank, a wholly-owned subsidiary of OCBC Bank in China, has provided a green loan of RMB500 million ($103.4 million) to Shanghai Kai Tong Wen An Development, a subsidiary of property developer K. Wah International Holdings.
The first tranche was disbursed on May 24.
