RHB Islamic gets landmark green financing facility


KUALA LUMPUR: OCBC Al-Amin Bank Bhd, the Islamic banking subsidiary of OCBC Bank (M) Bhd, has granted a ground-breaking US$175mil Islamic green term financing facility to RHB Islamic Bank Bhd.

The facility makes OCBC Al-Amin the first bank in Malaysia to offer a green Islamic foreign currency and bank-to-bank term financing facility, according to a joint statement yesterday.

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Trump hikes US global tariff rate to 15%
The parcel overhang
Zero abandoned homes�by�2030?
Unmasking housing market pricing abuses
Ringgit likely to trade cautiously next week ahead of key US data
Powering a new reinvestment cycle as demand surges
Up in Arms - or up the value chain?
Asia bonds for diversification
AI disruption fears rock markets
Private equity hits a sixer

Others Also Read