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Saturday, May 25, 2024

Launch Partners

CIMB Islamic commits to low-carbon financing

MALAYSIA: CIMB Islamic and CIMB have committed RM100 million (US$22.74 million) in financing through the Low Carbon Transition Facility (LCTF), a statement confirmed. Up to RM10 million (US$2.27 million) per facility, it seeks to encourage businesses to adopt low- carbon and sustainable practices for business resilience. The facility is part of the LCTF financing scheme established by Bank Negara Malaysia in January 2022. 

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