Malaysia’s CIMB targets $7.2 bln in sustainable finance by 2024


KUALA LUMPUR, Sept 22 (Reuters) – Malaysia’s CIMB Group Holdings Bhd (CIMB.KL) has committed to meet a 30-billion ringgit ($7.16 billion) target in sustainable finance offerings by 2024, the bank said on Wednesday.

The country’s second largest lender by assets said the target includes wholesale and commercial financing, bonds and intermediation, wealth products and products that enable financial inclusion.