Sarawak’s development bank to partner other financial institutions

KUCHING: Development Bank of Sarawak (DBOS) will partner with other financial institutions on business opportunities such as club deal syndication loans, according to its chairman Tan Sri Mohamad Morshidi Abdul Ghani.

He said the bank, which currently focuses on financing strategic projects for the transformation of Sarawak, will actively identify opportunities to provide green finance to ventures that embed environmental, social and governance (ESG) into their business practices.