DBS Bank has announced the launch of a US$2 billion green bond program, aimed at financing renewable energy, green buildings, and low-carbon transport projects across Asia. The issuance is part of DBS’s commitment to achieve net-zero operational emissions by 2050.

The bank said investor appetite for ESG products remains robust, with institutional buyers from Europe and North America showing strong interest. The funds will support projects in Singapore, India, and Indonesia.

“Green finance is no longer optional; it’s central to how banks engage with global capital markets,” said CEO Piyush Gupta.

Analysts note that Singapore’s role as a sustainable finance hub is growing rapidly, with cumulative green bond issuance exceeding S$50 billion. DBS’s program is expected to attract regional corporates seeking funding for ESG projects.

Sophia Tan

About the Author

Marks Toms – Editor-in-Chief
Marks oversees editorial policy, compliance, and fact-checking at bankaccountsopen. Read more articles

Disclaimer:The BankOpen Singapore Editorial Team consists of financial analysts, banking industry professionals, and experienced writers. We are dedicated to providing accurate, up-to-date, and practical insights to help readers navigate Singapore’s banking landscape and make informed financial decisions. The information provided in this article is for general informational purposes only and does not constitute financial, investment, or legal advice. Always consult with a qualified professional before making any banking or investment decisions.