Lending

Green Financing Promotion Scheme

Supporting Your Green Production

Your Priority for Going Green:

Provide privilege to encourage corporate customers to acquire environmental-friendly equipment that would enhance resource efficiency and reduce pollution

Green Financing Promotion Scheme:

Protect global environment and support the sustainable development of corporate customers

Scheme Features:

Promotion Privilege:

Up to HKD 200,000 cash rebate3 to support businesses for green production and sustainable development

 

Contact Us

Call 2198 8000
Call 2198 8000
Contact your Relationship Manager
Contact your Relationship Manager
To borrow or not to borrow? Borrow only if you can repay!
  1. Hang Seng Green Financing Promotion Scheme (the “Promotion Scheme”) is only applicable to the term loan or instalment loan application under the above lending products. Customers are required to fulfill the application criteria for each specific lending products, complete separate loan application form(s) as appropriate and go through the relevant application and approval process of Hang Seng Bank Limited (“Hang Seng”). For the application details for each specific lending products, please visit our website or contact your Relationship Manager.
  2. Customers who join the Promotion Scheme are required to apply for the above lending products from Hang Seng to acquire eligible equipment. Eligible equipment include (i) the equipment used in Hong Kong falls into at least one of the following green categories: renewable energy, energy efficiency, water efficiency, waste management, wastewater management, air pollution control, noise pollution control but excludes environmental friendly vehicles or (ii) the equipment used in Mainland China fulfills the performance parameters and implementation standards of the “Energy and Water Saving Facilities” or “Environmental Protection Facilities” which are tax deductible from China Enterprise Income Tax payable. For details, please contact your Relationship Manager or call our Business Partner Direct at 2198 8000.
  3. To be eligible for the cash rebate, customers are required to (i) complete and sign the Application Form for Green Financing Promotion Scheme (the “Application Form”) and submit the required document(s) listed on the Application Form to the satisfaction of Hang Seng in all aspects, and (ii) be approved and have loan drawdown for acquisition of the eligible equipment on or before 31 December 2019, and (iii) install and use the eligible equipment purchased in their business operations (the "Eligible Customer"). The cash rebate will be 0.5% of the loan amount (excluding any additional loan amounts to be made available representing the amounts of handling fee, guarantee fee and other fee(s) to be charged). The maximum cash rebate entitled for each Borrower group is HKD200,000. The designated currency for the cash rebate is HKD. For non-HKD loan, at the time of crediting the cash rebate, the prevailing foreign exchange rate determined by Hang Seng at the relevant time will be used to convert the cash rebate amount in non-HKD into HKD. Hang Seng has an absolute discretion in determining if a customer is entitled to any cash rebate and its amount (including but not limited to determining if two or more customers form a Borrower group), whose decision is final. The cash rebate will be credited to the Eligible Customer’s HKD account at Hang Seng designated by the customer provided in the Application Form within 2 months after loan drawdown.
  4. Hang Seng reserves the right to suspend, alter or terminate the above privilege and amend the relevant terms and conditions at any time without prior notice. In case of disputes, Hang Seng reserves the right of final decision.
  5. No person other than the customer and Hang Seng (which includes its successors and assigns) will have any right under the Contracts (Rights of Third Parties) Ordinance to enforce or enjoy the benefit of any of the provision of these Terms and Conditions.
  6. These Terms and Conditions are governed by and will be construed in accordance with the laws of the Hong Kong Special Administrative Region.
  7. These Terms and Conditions are subject to prevailing regulatory requirements.
  8. If there is in case of any discrepancy between the English and Chinese versions of the above content, the English version shall prevail.