UOB launches U-energy, aims to drive energy efficiency for commercial, industrial and residential properties

UOB Malaysia deputy chief executive officer Ng Wei Wei (in red).

KUALA LUMPUR: UOB Malaysia has launched U-Energy, the first integrated financing platform in Asia that aimed to drive energy efficiency for commercial and industrial businesses as well as residential property owners.

Deputy chief executive officer Ng Wei Wei said following U-Energy’s first roll-out in Singapore, the bank would help Malaysian businesses and homeowners save on electricity bills, cut carbon emissions and achieve their sustainability goals.