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Maybank and Banyan Group Seal Sustainable Finance Deal

Maybank and Banyan Group Seal Sustainable Finance Deal

Banyan Tree Holdings (SG:B58) has released an update.

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Maybank Singapore has joined forces with Banyan Tree Holdings to provide a S$70 million Sustainability-Linked Loan, marking Banyan’s venture into such financial arrangements. This collaboration reflects over two decades of partnership between the two, underscoring Maybank’s commitment to supporting Banyan’s sustainable growth in the hospitality sector. The deal signifies a common dedication to setting new sustainability standards in business practices.

For further insights into SG:B58 stock, check out TipRanks’ Stock Analysis page.

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