MAS further expands facility to support bank and finance company lending to SMEs
Singapore, 18th February 2022… The Monetary Authority of Singapore (MAS) today announced that it will further extend the
2 The Facility will continue to provide funding in Singapore Dollars (SGD) to eligible financial institutions
3 Since its introduction in April 2020, the Facility has disbursed a total of S$14.2 billion to EFIs to support their corporate lending under ESG lending schemes. Collectively, government risk-sharing through ESG lending programs and lower-cost MAS funding through the Facility will continue to keep borrowing costs low for local businesses to meet their financing needs. Treasury.