OCBC Malaysia, comprising OCBC Bank (M) Bhd and its Islamic subsidiary OCBC Al-Amin Bank Bhd, is progressively making “double green” its investment banking gold standard, a trend poised to be a mainstay for maintaining its market position as a leading advocate of sustainable finance.
“Double green” is industry parlance for financing that combines sustainability elements with Shariah principles.
OCBC Malaysia Managing Director and Senior Banker & Head of Investment Banking Tan Ai Chin said the bank has set for itself the benchmark to continue driving innovations and delivering award-winning “double green” investment banking deals each year, having bagged five such awards this year alone from the 18 received thus far for investment banking excellence.
She added that the inclusion of globally Shariah-compliant financing principles into the bank’s sustainable finance offerings also signifies its ongoing efforts in the development of Islamic finance both in Malaysia and beyond.
Tan stressed that OCBC Malaysia is committed to support the government’s energy transition and decarbonisation agenda.
“We acknowledge the need for financial institutions to be the key catalyst to support the nation’s concerted efforts towards achieving carbon neutrality by 2050.
“As one of the market leaders for responsible and sustainable finance, we will continue to support all corporates and government-linked companies in their ESG initiatives by offering bespoke financing solutions and playing a key role in the sustainability ecosystem,” Tan said.
