Maybank launches Sustainable Product Framework to drive sustainable finance

Maybank launches Sustainable Product Framework to drive sustainable finance

the Sun Daily - Business·2022-09-02 05:01

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

The framework, which will support the group’s commitment of mobilising RM50 billion in sustainable finance by 2025, will be implemented group-wide across Islamic and conventional products effective today.

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