CIMB has unveiled a full suite of Sustainable Living Home Solutions (SLH Solutions) in conjunction with the recent Earth Day on 22 April. With the growing interest among Malaysians in reducing their environmental impact, CIMB is the first bank to introduce a one-stop suite of solutions that makes it easier for consumers to embrace sustainable lifestyle practices in an accessible and rewarding manner.
Among the key highlights are preferential mortgage financing rates for green building certified homes and a 0% instalment payment plan on solar panel installations with CIMB’s panel of solar companies such as VASOLAR, amongst others, offering comprehensive smart management solar panel solutions, including for residential projects.
Available on a dedicated online platform, the Solutions cover a comprehensive range of offerings and deals tailored to consumers’ home and lifestyle needs. These include preferential rates for green home financing, solar panel financing, deals on energy-efficient appliances and various mobility and lifestyle offerings.
Meanwhile, CIMB’s merchant partners are also offering CIMB’s 0% Easy Pay plans for energy efficient appliances to make their homes more sustainable and at the same time, help to reduce electricity bills. The partners include established home and consumer electronics retailers in Malaysia such as Tan Boon Ming (TBM), Harvey Norman and E.S.H. Electrical – ensuring that consumers have a wide selection of energy-efficient products in outfitting their dream homes.
Effendy Shahul Hamid, CEO, Group Consumer and Digital Banking of CIMB Group said, “At CIMB, we believe in integrating ESG factors into our offerings to make it easier and more affordable for consumers to reduce their carbon footprint. In playing our part to support the ESG agenda, we are delighted to collaborate with established partners who share our commitment, as we work together to inspire and encourage sustainable practices among Malaysians,” he added.
Tan Long Kee, Managing Director of TBM said, “We aim to provide our customers with products that align with CIMB to offer a range of energy-efficient home and consumer electronics products. We are dedicated to not only become the best-in-class service retailer but also to constantly improve our offerings particularly in the area of energy-efficient products, to meet the growing demand for sustainable solutions. We aspire to provide our customers with products that align with their sustainability objectives, enabling them to reduce their carbon footprint and live a more sustainable lifestyle.”
J.P. Leong, Senior Business Development Manager of Tera VA Sdn Bhd (VASOLAR) said, “As a renewable source of power, installing solar panels on your home helps reduce greenhouse gas emissions and mitigate climate change. VASOLAR is a 100% home grown Malaysian brand that brings us closer to achieve our shared ESG responsibility to save our planet.”
In complementing these Solutions, CIMB has also become the first bank to foray into the EV mobility scooters space in Malaysia in collaboration with Blueshark, a smart electric motorcycle brand.
The Bank is offering a 0%, Credit Card Easy Payment Plan for Blueshark’s newly launched fully electric scooter models, the Blueshark R1 and Blueshark R1 Lite. Powered by swappable rechargeable batteries designed for urban commutes, the scooters provide consumers with a mode of transportation that helps to reduce their carbon footprint.