RHB Banking Group has committed RM5 billion

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  • 11 Nov 2020
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RHB Pledges RM5bil to Support Green Financing by 2025

RHB Banking Group has committed RM5 billion in support of green financing by 2025, group managing director Datuk Khairussaleh Ramli said. This is through the group's core business activities of lending, capital markets advisory and fundraising, and investment, in line with its Sustainability Framework. The framework sets forth the group's approach towards embedding sustainable practices into the group's business and operations. It is part of its sustainability vision of building a sustainable future, premised on three key pillars of "Sustainable and Responsible Banking, Embedding Good Practices and Enriching and Empowering Communities". As at September 30 this year, the group grew its green financing portfolio to RM3.0 billion, up 6.3 per cent from December 31 last year, in support of green projects which include renewable energy, green buildings, sustainable water and wastewater management.

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