Hong Leong Bank unveils sustainable finance framework with US$4.5 billion commitment

Quick Summary:

HLB has thus far pledged to achieve US$911 million (RM4 billion) in renewable energy financing by 2025 and has approved over US$797 million (RM3.5 billion) in financing to date. 

The HLB SFF adheres to several key principles and standards, including the Loan Market Association (LMA) Green, Social and Sustainability-linked Loan Principles, the International Capital Market Association's (ICMA) Green, Social and Sustainability Bond Principles, as well as the Securities Commission Malaysia's Principles-Based Sustainable and Responsible Investment (SRI) Taxonomy.

Provided US$273 million in green auto loans

---

More Pictures

---

Read Quick SummarySave Time

or

Article Details

Author / Journalist: Gerry Wong

Category: EconomyStartupsBusiness

Markets: Malaysia

Topics: Finance Hong Green Energy Sustainability Sustainable Us$4 Leong Framework Bank Billion)

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-30 @ 07:10:33 (2 days ago)

News Timezone: GMT +8:00

News Source URL: digitalnewsasia.com

Language: English

Article Length: 381 words

Reading Time: 3 minutes read

Sentences: 14 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Digital News Asia

News ID: 23336185

View Article Analysis

About Digital News Asia

Main Topics: EconomyStartupsBusiness

Official Website: digitalnewsasia.com

Update Frequency: 1 posts per day

Year Established: 2012

Headquarters: Malaysia

News Last Updated: 11 hours ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #18

Publisher Details

Frequently Asked Questions