HKECIC and Hang Seng deliver first green export credit insurance

The very first green financing arrangement will ease export expenses whilst maintaining sustainability.

The Hong Kong Export Credit Insurance Corporation (HKECIC) and Hang Seng Bank “break new ground” with the very first innovative green export credit insurance.

Long-term customer Leo Paper Group obtained the green receivables financing solution through Hang Seng in line with their goal toward supply chain sustainability.

ALSO READ: Hang Seng China unfolds cross-boundary wealth management centre in GBA

HKECIC will offer a premium discount on export credit insurance to Leo Paper, in support of sustainable exports.

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Leo Paper plans to utilise the financing when outsourcing wood suppliers who are Forestry Stewardship Council-certified.

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