KUALA LUMPUR: Malaysia's CIMB Group Holdings Bhd has committed to meet an RM30 billion target in sustainable finance offerings by 2024, the bank said on Wednesday .
The announcement follows its larger rival Malayan Banking Bhd, which in July said it was committed to implementing a 50 billion ringgit sustainable product framework within this year. The bank has committed close to RM1 billion sustainability-linked loans for corporate clients, out of RM3 billion earmarked through 2024.