According to CGS-CIMB Research, strong ESG standard is a plus for Hong Leong Bank.
PETALING JAYA: Hong Leong Bank Bhd
(HLB) appears to have one of the best environmental, social and governance (ESG) standards among banks in Malaysia.
The fifth-largest lender in Malaysia is noted for its efforts in promoting ESG practices across its operations. These include working with its borrowers to improve ESG standards; incorporating ESG evaluation in its loan approval process; and practising disclosure of ESG-related information.
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