AmBank grants RM450mil green financing to E&O unit

AmBank said the disbursement brings its overall green financial support for the current financial year to RM1.3bil.

PETALING JAYA: AMMB Holdings Bhd (AmBank) has granted RM450mil green financing facilities to Eastern & Oriental Bhd’s (E&O) wholly owned subsidiary, Tanjung Pinang Development (TPD), for the development of Andaman Island in Penang.

AmBank said in a statement the disbursement brings its overall green financial support for the current financial year to RM1.3bil.