Core Viewpoint - The collaboration between Xiamen Branch of Industrial Bank and Xiamen International Trade Capital Group marks the first ESG-linked loan supporting commercial factoring in Fujian, aimed at enhancing sustainability in the steel industry [1] Group 1: ESG-Linked Loan Details - The loan provides liquidity support to Jinhai Xia Factoring, a subsidiary of Guomao Capital, using accounts receivable from a steel factory in the Guangdong-Hong Kong-Macao Greater Bay Area as underlying assets [1] - The initiative focuses on the core needs of the steel industry, such as cost reduction, efficiency improvement, and resource recycling [1] Group 2: Environmental Impact - The financing aims to activate accounts receivable to help companies expand their waste material recycling scale, reduce industrial solid waste pollution, and promote the steel industry's transition to a "resource-circulating" model [1] Group 3: Future Commitment - The bank plans to deepen the implementation of green development concepts, aligning national priorities with operational responsibilities to contribute more financial strength to the high-quality development of Xiamen's economy [1]
兴业银行厦门分行落地福建首笔商业保理ESG挂钩贷款