DBS Hong Kong and Nan Fung Group sign a Bilateral HKD 1,500 million Multi-currency Sustainability-Linked Loan
Facility to enhance Nan Fung Group’s social impact for communities and foster sustainable environmental outcomes

DBS Hong Kong and Nan Fung Group representatives gather for the signing of a 5-year multi-currency sustainability-linked loan. (From left) Daniel Wong, Deputy General Manager, Treasury, Nan Fung Group; Connie Berry, Treasury Director, Nan Fung Group; Billy Hui, Executive Director of Hong Kong Property, Nan Fung Group; Nelson Tang, Group Chief Financial Officer, Nan Fung Group; Jennifer Lee, Managing Director, Head of Large Corporate, DBS Hong Kong; Serena Mak, Executive Director, Sustainable Finance, DBS Hong Kong; Jenny Or, Vice President, DBS Hong Kong; and Hamza Mahfooz, Executive Director, DBS Hong Kong.

 

Hong Kong, 18 November 2025 – DBS Bank (Hong Kong) Limited (“DBS Hong Kong”) and Nan Fung International Holdings Limited (“Nan Fung Group”) announced the successful closing of a 5-year multi-currency sustainability-linked loan (“SLL”) amounting to HKD1,500 million in the third quarter.

 

This SLL is the first financing which has incorporated a Key Performance Indicator (“KPI”) linked with Nan Fung Group’s social value measurement. The social value KPI tracks the monetary equivalent value of the social impact generated or facilitated by Nan Fung Group across its Hong Kong portfolio. As of March 2025, Nan Fung Group has generated or facilitated HKD46.6 million of social value through targeted initiatives shaped by stakeholder engagement and materiality assessments in Hong Kong. Highlights include the “AIRSIDE Sports Date” fostering wellness and social inclusion; the “Senior Docent Programme”, empowering older adults and retirees as AIRSIDE tour guides; and the “Farming Assistant Programme”, where elderly citizens are trained to work as part-time farming assistants and exhibition docents at AIRSIDE. These initiatives address issues from sustainable production and consumption to empowering elders, benefiting tenants and the broader community, while reinforcing Nan Fung Group’s commitment to social cohesion under its SEWIT sustainability framework. In addition, this SLL is also linked to other sustainability performance targets, including Nan Fung Group’s “Net Positive Lease” tenant engagement programme and renewable energy generation.

Boris Chan, Managing Director and Head of Institutional Banking Group, DBS Hong Kong, said, “DBS Hong Kong is thrilled to be a trusted partner of Nan Fung Group with this SLL facility. This SLL reinforces our dedication in promoting sustainable finance and supporting our clients in creating positive social impact for their stakeholders and wider communities. We believe that financial institutions have a pivotal role in driving sustainability initiatives that foster resilient communities and a better environment, and we are proud to contribute to this important mission.”

 

Vanessa Cheung, Managing Director of Nan Fung Group and SEWIT Committee Chairperson, said, “Nan Fung Group is delighted to partner with DBS Hong Kong on our sustainability journey to create positive value for the community, wider society, and the environment. By linking the loan with sustainability performance targets, we demonstrate the Group’s continued commitment as we take concrete actions to deliver meaningful, measurable social impact and reduce our carbon footprint on the path toward net zero.”

 

Guided by its sustainability framework, “SEWIT”, Nan Fung Group is committed to creating an eco-friendly and resilient city through initiatives rooted in five strategic pillars: Social Cohesion, Environment, Wellness, Innovation, and Technology. This collaboration reflects the shared commitment of DBS and Nan Fung Group to sustainable finance and supporting Hong Kong’s journey to carbon neutrality and a better future for all.

 

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About DBS

DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank’s “AA-” and “Aa1” credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia” award by Global Finance for 17 consecutive years from 2009 to 2025.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets.

DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by uplifting lives and livelihoods of those in need. It provides essential needs to the underprivileged, and fosters inclusion by equipping the underserved with financial and digital literacy skills. It also nurtures innovative social enterprises that create positive impact.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com

 

About Nan Fung Group

Nan Fung Group is one of the largest privately held conglomerates in Hong Kong with global interests in real estate development and investment, which holds a well-diversified and substantial financial investment portfolio. The Group was founded in 1954 and has a track record spanning more than 50 years with over 170 projects including residential, commercial and industrial buildings. The Group also strategically focuses on first-tier cities in Chinese Mainland and recognises attractive opportunities for development and investment overseas, including New York, Boston and London.

 

In recent years, the Group has expanded its investment focus to ICE (Innovation, Creativity and Entrepreneurship), exemplified by its signature project, The Mills, a revitalisation of its legacy yarn factories into a hub promoting techstyle (intersection of technology and lifestyle) and an integrated destination housing an experiential shopfloor, a startup incubator, and a cultural museum. The Group has also made significant progress in investments related to life sciences in the US via Pivotal; and in Chinese Mainland via an affiliate, New Frontier, which focuses on healthcare, elderly care, education, and new technology.

 

For further information, please contact:
DBS Hong Kong
Celia Wan Senior Vice President Media Relations Group Strategic Marketing & Communications	Gordon Li Manager Media Relations Group Strategic Marketing & Communications
Email: celiawan@dbs.com	Email: gordonli@dbs.com
Tel: (852) 3668 6116	Tel: (852) 9078 3369
Nan Fung Group
Amanda Lee General Manager Marketing & Communications (Commercial) Department Hong Kong Property Division
Email: amanda.lee@nanfung.com
Tel: (852) 2825 7342
Fax: (852) 2180 9337