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Cathay United Bank (CUB) has launched its Sustainable Product Framework in Hong Kong, with third-party validation from the Hong Kong Quality Assurance Agency (HKQAA).
The launch expands the bank’s green finance strategy in the region, enabling Cathay United Bank Hong Kong Branch (CUBHK) to offer a full suite of products – including Sustainable Deposits, Green Loans and Bonds, Sustainability-Linked Loans (SLL) and Bonds, as well as Transition Finance – all structured to meet international standards and deliver local credibility.
The new offerings build on CUB’s growing track record across Asia, from structuring SLLs with verifiable KPIs in Hong Kong to financing clean energy projects such as wind farms in Vietnam.
“Sustainability isn’t just a regional or short-term trend. Even with some governments changing direction, the reality of climate change and industrial transformation means finance has a responsibility to act – and act globally,” said Executive Vice President Michael Wen.
In a broader sense, he views sustainability as a cross-cutting imperative that spans borders, industries and company cultures.
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