HLB, HLISB and Cagamas conclude RM300mil green assets transaction

Kevin Lam, Group Managing Director and CEO of HLB

KUALA LUMPUR: Hong Leong Bank and Hong Leong Islamic Bank (HLB) with Cagamas Bhd have concluded a RM300mil green housing loans and financing transaction.

In a joint statement, the parties said the transaction was funded by the issuance of Cagamas’s one-year Asean Green Bond worth RM210 million and one-year Asean Green Sustainable and Responsible Investment (SRI)sukuk worth RM90mil under the national mortgage corporation’s RM60bil conventional/Islamic medium-term notes (MTN) programme.