HLB launches sustainable finance framework, commits RM20bil to support green projects


Hong Leong Bank group managing director and CEO Kevin Lam

KUALA LUMPUR: Hong Leong Bank Bhd (HLB) has unveiled its inaugural Sustainable Finance Framework (SFF), which aims to mobilise RM20 billion over the next five years to support green projects.

HLB said the framework would provide financing to support the transition towards a sustainable future, aligning with the bank's broader sustainability objectives. The framework enables the financing of green projects related to renewable energy, energy efficiency, green building, affordable housing, clean transportation and logistics, and waste management.

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

Next In Business News

LSH Capital wins Kuantan road contract
Potential for nuclear to fill coal power gap
AI,�eCommerce�tailwinds to buoy logistics sector
Perak Transit names Jeffrey Cheong deputy
EPB eyes transfer from ACE to Main Market
Bus Cap secures Bursa Malaysia nod for ACE Market listing
MM Computer moves forward with IPO
Malaysia prepares�carbon pricing rollout
AEON Credit sets modest FY27 targets amid geopolitical risks
SC appoints Manoj Kurup as executive director for enforcement

Others Also Read