Taipei Fubon Commercial Bank (台北富邦銀行) yesterday approved a three-year sustainability-linked loan (SLL) to audio electronics maker Merry Electronics Co (美律實業), the first such loan granted by a local bank. However, the bank did not reveal the amount of the loan. Foreign banks were the first to offer SLLs in Taiwan. DBS Bank Taiwan (星展銀行) provided NT$2 billion (US$70.66 million at the current exchange rate) of SLLs to AU Optronics Corp (友達光電) in 2019, followed by HSBC Bank (Taiwan) Ltd’s (匯豐台灣商銀) two SLLs totaling NT$450 million to Taya Group (大亞集團) and Sinbon Electronics Co (信邦電子) last year. Like HSBC Taiwan and DBS Taiwan, Taipei