Maybank launches Sustainable Product Framework to drive sustainable finance

  • 📰 theSundaily
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Malayan Banking Bhd has designed its own Sustainable Product Framework (SPF) to enable greater development of green, social and sustainable products. theSun theSundaily Maybank banking finance sustainability Malaysia business

: Malayan Banking Bhd has designed its own Sustainable Product Framework – the first by a Malaysian bank – to enable greater development of green, social and sustainable products.

This framework covers products offered under corporate lending, debt and equity capital markets, trade financing, retail financing, insurance, asset and wealth management, derivatives and deposits. The SPF outlines methodologies and procedures to classify and report financial products and services offered by Maybank as sustainable. It also provides classification logic, eligibility criteria, verification processes and exclusion criteria, among others, for products to be recognised as sustainable finance.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 25. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines