Banks say they support green technology


KUALA LUMPUR: Some banks deny that they are reluctant to provide financing for green technology initiatives and claim that they will lend as long as internal lending guidelines are met and investors are able to secure certification from relevant authorities.

United Overseas Bank (M) Bhd senior vice-president and senior head of bumiputra business banking division Mohd Fhauzi Muridan said: “We treat all customers equally. Any application for financing is assessed according to our internal lending guidelines and applied equally to all customers.

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