Malaysia’s RHB Bank Doubles Green Loans Target to $10 Billion
The RHB Investment Bank Bhd. headquarters in Kuala Lumpur.
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RHB Bank Bhd. more than doubled its green loans target to 50 billion ringgit ($10.5 billion) by 2026 after the Malaysia lender surpassed its original target last year.
The bank had mobilized 23.8 billion ringgit in green financing as of end 2023, exceeding its initial target of 20 billion ringgit by 2026 under their sustainability strategy launched in 2022, RHB said in a statement on Thursday.