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Development Bank of Wales uses Perseus in green lending – Icebreaker One

Summary by ib1.org
The Development Bank of Wales is the UK’s first bank to use Perseus in its due diligence process for green loans.  The news is a significant milestone for the Perseus scheme, which makes it easier for UK SMEs to access green financing by automating their sustainability reporting and helps banks use assurable data to underpin their decisions.  The innovation means the Development Bank of Wales is offering more favourable loan rates to SMEs by usi…
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ib1.org broke the news in on Tuesday, May 6, 2025.
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