Banks' green bonds can spur RE sector, RAM Sustainability says


Promod Dass, CEO of RAM Sustainability

KUALA LUMPUR: The move by Malaysian banks to issue green bonds and sukuk will spur the growth of the renewable energy sector, RAM Sustainability says.

RAM Sustainability CEO Promod Das said the sound credit profiles of Malaysian banks and their ability to utilise issuance proceeds to fund green projects make them ideal candidates as issuers of green bonds and sukuk.

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