Alliance Islamic Bank teams up with Asia Carbonx to launch new green financing for SMEs

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KUALA LUMPUR: Alliance Islamic Bank Bhd has partnered with Asia Carbonx Change Plt (Carbonx) to provide a new sustainability program with green and transition financing solutions for SMEs to support their sustainability journey.

Those with financing exceeding RM500,000 will receive complimentary RECs for up to two years, it said.

It said the ISF Programme supports Alliance Bank’s goal of achieving RM15bil new sustainability banking business by FY27.

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Category: EconomyBusiness

Markets: Malaysia

Topics: SME Alliance Alliance Islamic Bank StarESG /Business/Business News Renewable Energy Banking

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-13 @ 11:55:00 (3 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 376 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 27 words per sentence (average)

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Copyright Owner: © The Star

News ID: 22482687

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