UOB Malaysia grants IOI Corp green trade finance facility to support its sustainable palm oil practices

UOB Malaysia chief executive officer Ng Wei Wei

KUALA LUMPUR: United Overseas Bank (M) Bhd (UOB Malaysia) has extended a green trade finance facility under the UOB Green and Sustainable Trade Finance Framework to IOI Corp Bhd.

In a statement, the bank said the facility would help the company promote sustainable palm oil and strengthen global sustainable palm oil supply chain.