CIMB onboards first MNC to sustainability-linked Treasury programme

From left: CIMB Group wholesale banking and group treasurer co-CEO Chu Kok Wei, corporate banking Malaysia head Lau Su Chean, group wholesale banking ESG advisory and solutions head Jefferi Hashim, ISF CEO Takashi Ishigami and ISF chief marketing officer Khoo Yoke Lian

KUALA LUMPUR: CIMB Bank Bhd has onboarded its first foreign multinational client for its landmark sustainability-linked Treasury programme.

The group said in a statement its client, Intercontinental Specialty Fats Sdn Bhd (ISF), is a unit of Japan's largest processor and marketer of edible oils, The Nisshin OilliO Group Ltd.