CIMB commits RM100mil in financing to drive adoption of sustainable practices

KUALA LUMPUR: CIMB Group has committed RM100 million in financing through the Low Carbon Transition Facility (LCTF) to encourage and empower businesses to adopt low carbon and sustainable practices for business resilience.

Businesses, including small and medium enterprises (SMEs), will benefit from collateral-free financing of up to RM10 million with an affordable repayment period of up to 10 years at a low-interest rate of up to five per cent per annum, it said.