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UOB: Adopts risk management framework Equator Principles | Fintech InShorts: Latest fintech news, analysis by experts
Monday, December 23, 2024

UOB: Adopts risk management framework Equator Principles

UOB: Adopts risk management framework Equator Principles

  • UOB is a leading bank in Asia with a global network of more than 500 offices in 19 countries and territories in Asia Pacific
  • Announced that it has been approved to join the Equator Principles Association and has adopted the EPs
  • The EPs provide financial institutions with a set of internationally recognised standards for due diligence
  • As an EPFI, committing to the implementation of the EPs in its environmental and social policies, procedures
  • Adoption of the EPs underscores the ongoing integration of sustainability into business strategy and lending practices
  • The adoption of the EPs further strengthen the Bank’s processes and practices as it continually enhances its approach to ESG risk management

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