Sabah Credit Corporation secures RM100mil sustainability-linked loan from CIMB


KUALA LUMPUR: Sabah Credit Corporation (SCC) has secured a RM100 million sustainability-linked loan in the form of a revolving credit facility from CIMB Bank Bhd to intensify its efforts to catalyse socio-economic development in Sabah.

This makes SCC the first statutory body from East Malaysia and the first financial institution in Malaysia to have secured a loan that is linked to sustainability performance targets (SPTs).

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
sustainability-linked loan , SCC , CIMB , SPT

Next In Business News

The battle for consumer wallets
Riding the silicon photonics wave
Milking new growth opportunities
Private hospital oversupply in the making?
A firmer grip on growth
Ringgit seen remaining soft against US dollar next week
High jet fuel costs still impacting MAG
Malaysian GDP expected to grow more than 5% for third consecutive year, says Amir Hamzah
Heritage, hazards and hard hats
Psychiatric hospitals: land as therapy

Air Pollutant Index

Note: API is calculated based on 24hr running average of the most dominant parameter.

Highest API Readings

    Select State and Location to view the latest API reading

    Others Also Read