KUALA LUMPUR: OCBC Malaysia, which includes OCBC Bank (Malaysia) Bhd and its Islamic subsidiary OCBC Al-Amin Bank Bhd, is actively adopting “double green” as its investment banking gold standard.
The bank, in a statement, said this trend aims to strengthen its position as a leading advocate of sustainable finance.
Double green is an industry parlance for financing that combines sustainability elements with Shariah principles.
OCBC Malaysia managing director, senior banker & head of investment banking Tan Ai Chin said the Bank has set for itself the benchmark to continue driving innovations and delivering award-winning “double green” investment banking deals each year, having bagged five such awards this year alone from the 18 received thus far for investment banking excellence.
“The five double green accolades from The Asset and Euromoney represent amongst the most prestigious in the industry. We are honoured by the recognition which are attributable to our initiatives in structuring holistic and value-accretive financing solutions for our valued clients who have entrusted us to be part of their sustainability journey. The inclusion of globally Shariah-compliant financing principles into our sustainable finance offerings also signifies our ongoing efforts in the development of Islamic finance both in Malaysia and beyond,” she said.
