UOB Malaysia pledges RM1bil to finance PETRONAS suppliers’ decarbonisation and energy transition journey


UOB Malaysia chief executive officer Ng Wei Wei

KUALA LUMPUR: United Overseas Bank (M) Bhd (UOB Malaysia) is allocating up to RM1bil to finance oil and gas services and equipment (OGSE) suppliers under the PETRONAS Suppliers Support Programme (PSSP).

This funding is part of the bank's newly launched Sustainable Vendor Financing Programme (SVFP), aimed at supporting the sector's decarbonisation and energy transition efforts.

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UOB Malaysia , PETRONAS , OGSE , SVFP

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