OCBC Al-Amin Bank Aims for an Increase in Green, Sustainable Financing in 2020

Amidst the impact of COVID-19, Malaysia-based OCBC Al-Amin Bank (OAAB) has announced plans to reinforce its commitment towards sustainable financing as well as take its value-based intermediation (VBI) to a new level via an increase in green financing projects in 2020.

OAAB noted that VBI is a sustainability initiative focused on solidifying the presence of Islamic banking institutions in industry-driven investments, in order to generate a positive and sustainable impact on the community, environment and the economy.

Earlier in May 2020, OAAB served as the lead arranger for a USD 800 million multi-currency, Shariah-compliant, sustainability-linked, syndicated financing facility for A...