HLB, HLISB conclude RM300mil socially sustainable securitisation exercise

HLB group managing director and chief executive officer Domenic Fuda

KUALA LUMPUR: Hong Leong Bank (HLB) and Hong Leong Islamic Bank (HLISB) have completed a socially sustainable securitisation exercise worth RM300mil to Cagamas Bhd.

In a statement Thursday, HLB said the transactions involved three years socially sustainable securitisations of RM200mil of HLB's and RM100mil of HLISB’s affordable home loans and financing respectively.