UOB Malaysia partners with SJPP to offer RM1bil U-Green financing

From left: Chen Yin Heng, the Principal Officer of SJPP, Ng Wei Wei, Chief Executive Officer of UOB Malaysia and Muhundhan Kamarapullai, Chief Innovation Officer of MRANTI

KUALA LUMPUR: United Overseas Bank (M) Bhd’s (UOB Malaysia) has partnered with Syarikat Jaminan Pembiayaan Perniagaan Malaysia (SJPP) to launch the RM1 billion U-Green Financing programme, which will support small and medium enterprises (SMEs) in embracing sustainability.

In a statement, the bank said SJPP will be guaranteeing up to 80 per cent of the loans through its PEMULIH Government Guarantee Scheme (PGGS).