Maybank extends first green loan to fuel Charoen Pokphand's RE expansion in Malaysia


(Seated) Goh Sin Tat, managing director of corporate banking at Maybank; and Borvorn Pienpongpanich, CFO of Altervim Company Limited; with (standing) Md Farid Kairi, deputy group CEO, global banking of Maybank; and Teerapong Rojthip, CFO of Charoen Pokphand Malaysia

KUALA LUMPUR: Malayan Banking Bhd (Maybank) announced it is providing financing to the rooftop solar power regeneration business of Altervim, the renewable energy unit of Thai conglomerate Charoen Pokphand Group.

The banking group said it is providing Altervim its maiden green loan for the solar business, which is in line with the group's sustainability goals of driving energy transition across Asean.

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Maybank , Altervim , Charoen Pokphand , solar , RE , loan

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