RHB launches sustainability financing plan, including solar panels, hybrid cars

Group managing director and CEO of RHB Banking group, Datuk Khairussaleh Ramli said financial institutions play a vital role in delivering the country’s Intended Nationally Determined Contribution (INDC) which embodies efforts to reduce the country’s greenhouse gas (GHG) emissions intensity of GDP by 45% by 2030 relative to its emission intensity of GDP in 2005.

KUALA LUMPUR: RHB Banking Group has launched the RHB sustainability financing programme (SFP) with a target of RM1bil in new financing by 2025, including personal financing for retail customers’ solar panel purchases and auto financing rates for hybrid, plug-in hybrid and electric vehicles.

It said on Tuesday the green financing product bundling programme aimed at reaching out to the needs of both Small Medium Enterprises (SME) and retail customers.