KUALA LUMPUR: CIMB Group Holdings Bhd has launched a financing facility for small and medium enterprises (SMEs) to buy and install equipment related to renewable energy technologies.
Group chief executive officer Tengku Datuk Seri Zafrul Aziz (pix) said the facility, which has no size limit, is part of the bank's recently-issued US$680 million (RM2.85 billion) Formosa & Reg S Sustainable Development Goals (SDG) bond.
The bond is issued to fund projects related to the United Nations' sustainable development goals.
source https://www.thesundaily.my/business/cimb-banks-on-renewable-technology-for-smes-CY1436477
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