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Hana Bank Facilitates USD 13 million green loan to Chandra Asri April 27, 2021

PT Bank KEB Hana Indonesia (Hana Bank) has partnered with PT Chandra Asri Petrochemical Tbk (Chandra Asri) to extend a USD13 million Sustainability-Linked Green Loan for dedicated green projects that have been successfully completed by the Company at its production site in Cilegon, Banten.

“Hana Bank aim to contributes in achieving Indonesia’s sustainable development goals by increasing the growth of our financing portfolio, in accordance with the principle of sustainable finance," said Park Jong Jin, CEO of Hana Bank.

The two finalized projects that have qualified for the facility are the construction of the Enclosed Ground Flare (EGF) and the roll-out of Electrical forklifts (E-Forklifts) by Chandra Asri.

The partnership reaffirms Hana Bank’s commitment to providing customer-focused services and support for business sustainability, in accordance with Indonesia’s National Long-Term Development Plan to support pro-growth, pro-jobs, pro-poor and pro-environment investments.

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