Myanmar secures green loan from Singaporean banks.
BANKING AND CREDIT NEWS-February 6, 2020--Myanmar secures green loan from Singaporean banks
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Global Banking News - 06 February 2020
Myanmar has secured its first green loan from commercial banks in Singapore.
Singaporean banks provided USD44m to Myanmar-based developer Shwe Taung Group. Oversea-Chinese Banking Corp (OCBC) (SES:039) provided nearly USD30m and the remaining was provided by UOB through their Yangon branches. The Burmese firm is to use the...
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