CIMB launches sustainability-linked loans


Tengku Zafrul: The sustainability-linked loans are a catalyst to urge businesses to embed EES considerations in their strategies.

KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd has recently launched its sustainability-linked loans (SLLs) for corporate borrowers, who are keen to enhance their sustainability performance in alignment with any of the 17 sustainable development goals (SDGs).

SLLs are a type of financing instrument and/or contingent facility where the borrower receives financial incentives upon achieving pre-agreed sustainability performance targets (SPTs).

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

CIMB , launches , sustainability , linked , loans , Zafrul , incentives , offered , Sll ,

   

Next In Business News

Kimlun unit bags construction contract worth RM237.63mil
US private payrolls beat expectations in May
Ringgit marginally lower amid economic uncertainties
Westports replaces Inari as FBM KLCI constituent
Bursa Malaysia ends lower on sluggish momentum
Bursa Malaysia closed on June 5 for King's birthday
Meta Bright proposes diversification into leasing of machineries, equipment
Velesto Energy secures RM50mil well-drilling contract
Heng Huat Resources changes name to HHRG
Oil rises on potential US rate hike pause, debt bill passing

Others Also Read