Thailand’s SCB, SCG offers green loans for net zero buildings

The loan will help entrepreneurs transition their buildings to net zero structures.

Siam Commercial Bank (SCB) partnered with SCG to establish a green finance service model in order to support green loans.

The partnership will cover project design to loan application and aims to cater to entrepreneurs seeking to transition their buildings to net-zero structures, SCB said in a press announcement posted on its official website.

Special interest rates and generous credit limits will be offered to encourage the transformation of modern buildings towards sustainability.

SCG's team of seasoned experts will provide comprehensive green loan services, including project evaluation and cost estimation. SCG also offers frameworks and operational models aligned with international principles and standards for building toward net zero.

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The collaboration also seeks to reduce greenhouse gas emissions from buildings and large construction projects, SCB added.

Interested customers can benefit from exclusive terms during the second quarter of 2024, before the loan process is forwarded to SCB.