“We can talk about moving into renewables straight away, but equally important is how we support our clients on transition financing, transition advisory,” he said.
Malaysia’s biggest lender Malayan Banking is halfway toward meeting its target of putting 80 billion ringgit ($23.4 billion) toward sustainable finance by 2025.
A big chunk of the green loans has been disbursed to support Singapore-based companies’ shift to low-carbon sources, Maybank group CEO Khairussaleh Ramli said in an interview at his office.
