Standard Chartered’s first green trade finance facility begin in the UAE

Worldwide bank Standard Chartered has opened its first green trade finance facility in the UAE, working with solar generation business Amplus Energy Solutions FZE

The organization is auxiliary of Amplus Solar, and the capital generation program will assist the organization with the execution of sustainable  practices across environments, as well as building more resilient supply chains. 

Rola Abu Manneh, CEO of Standard Chartered UAE, said: “It is our pleasure to declare the bank’s first green trade facility for the Group backing of PETRONAS, and its UAE-based auxiliary, Amplus Dubai, in their advancement towards embracing sustainable practices through the improvement of their worldwide trade processes.

Sanjeev Aggarwal, managing director and CEO of Amplus Solar, said: “We look forward to growing our partnership with Standard Chartered, which presently spans across our presence in India and Dubai.

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