RHB Banking Group’s Post

Dato' Khairussaleh Ramli, Group President & CEO of Maybank, shares his insights on the significance of embracing renewable energy and providing client support through transition financing and advisory. Find out more about our aspiration to mobilise RM80 billion in Sustainable Finance by 2025 here: https://maybank.my/3DYI8z0 #ASEANSpeaks #HumanisingFinancialServices This article originally appeared on Bloomberg.com

I am delighted to confirm that Low Carbon has secured additional £310 million financing from four leading international banks including ABN AMRO, ING, the Commonwealth Bank of Australia, and Intesa Sanpaolo to support the next phase of the company’s rapid growth. This additional debt funding will enable us to redouble our efforts to grow our core capacity, through the construction of our proprietary developed pipeline of solar PV projects in the UK and the Netherlands. Combined with the initial facility announced last year, it brings our debt funding for our solar PV activities to £540 million, and unlocks significant capital through innovative green products and new investment options. The four banks join NatWest, Lloyds Bank and AIB in the existing facility to help fulfil the company’s ambitions, supporting the next phase of growth in our asset base. Low Carbon is playing a leading role contributing to the world’s move to 100% renewable energy. Low Carbon is on a mission. Together, we will power tomorrow. You can read more about today’s announcement on our website news feed. #poweringtomorrow #energytransition #ABNAMRO #ING #theCommonwealthBankofAustralia #intesasanpaolo #NatWest #lloydsbank #AIB

📢A green deposit is an interest-bearing deposit received by a regulated entity (RE) for a fixed period, with the proceeds earmarked for allocation towards green finance. Green finance refers to the financing of projects that have a positive impact on the environment. 📢The Reserve Bank of India (RBI) introduced the green deposit framework in June 2023, with the aim of promoting green finance in India. The framework requires REs to disclose the use of funds raised through green deposits, and to ensure that these funds are used for eligible green projects. 📢There are a number of benefits to investing in green deposits. 💥First, it allows you to support environmentally friendly projects. 💥Second, it can help to reduce your carbon footprint. 💥Third, it can offer a competitive interest rate. 📢If you are interested in investing in green deposits, you can do so through a number of banks and financial institutions. When choosing a green deposit, it is important to compare the interest rates offered, as well as the terms and conditions of the deposit. 📢Here are some of the ways that green deposits work: 💥When you make a green deposit, your money is earmarked for use by the bank or financial institution to finance green projects. These projects can include things like renewable energy, energy efficiency, and sustainable transportation. 💥The bank or financial institution will typically offer a higher interest rate on green deposits than on traditional deposits. 💥This is because the bank or financial institution is taking on more risk by investing in green projects. 📢However, the higher interest rate can offset some of this risk. By investing in green deposits, you can help to support the environment and make a positive impact on the world. 📢Here are some examples of green projects that can be funded by green deposits: 1. Renewable energy: Green deposits can be used to finance the construction of solar and wind farms, as well as the installation of solar panels and wind turbines on homes and businesses. 2. Energy efficiency: Green deposits can be used to finance the upgrade of homes and businesses to make them more energy efficient. This can include things like installing insulation, replacing windows, and upgrading appliances. 3. Sustainable transportation:Green deposits can be used to finance the purchase of electric vehicles, as well as the construction of bike paths and public transportation systems. #investing #finance #work #construction #india #help #help #energy #like #environment #sustainable #money #projects #interestrates #renewableenergy #banks #banks #bank #solar #transportation #electricvehicles #windows

#Greenfixeddeposit is a financial instrument encouraging #sustainabledevelopment by channelling funds towards projects focused on renewable energy, clean technology, or other environmentally beneficial initiatives. From June 1, new green fixed deposit norms kicked in. #Banks or financial institutions accepting green deposits are now required to inform the Reserve Bank of India (RBI) about how they would invest the funds. Here's how green fixed deposits work, the #interestrates and the risks involved with such investment.

BNP Paribas Personal Finance 𝗮𝗻𝗱 European Investment Bank (EIB) 𝗚𝗿𝗼𝘂𝗽 𝗷𝗼𝗶𝗻 𝗳𝗼𝗿𝗰𝗲𝘀 𝗯𝘆 𝗳𝗶𝗻𝗮𝗻𝗰𝗶𝗻𝗴 €𝟲𝟮𝟳 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝘁𝗼 𝗯𝗼𝗼𝘀𝘁 𝗲𝗻𝗲𝗿𝗴𝘆 𝗲𝗳𝗳𝗶𝗰𝗶𝗲𝗻𝗰𝘆 𝗼𝗳 𝗙𝗿𝗲𝗻𝗰𝗵 𝗵𝗼𝘂𝘀𝗲𝗵𝗼𝗹𝗱𝘀!   ✦ It is the first true sale securitisation transaction that we sign with both the European Investment Bank (EIB) and the European Investment Fund (EIF). ✦ We are accelerating to support the #energytransition to climate neutrality by financing home energy efficiency investments in existing buildings. ✦ Under the arrangement, we commit to supply fresh lending of around €627 million to private individuals over a period of 3 years.   To make it crystal clear, the financing will exclusively support energy-efficient and renewable energy housing equipment such as high-energy performance boilers, insulation windows or installation of solar panels.    The overall goal of this agreement is to efficiently contribute to the reduction of CO2 emissions, deliver health benefits through improved air quality and participate in #climatechange mitigation.    ⇥ 𝗪𝗲'𝗿𝗲 𝘃𝗲𝗿𝘆 𝗽𝗹𝗲𝗮𝘀𝗲𝗱 𝗮𝗻𝗱 𝗽𝗿𝗼𝘂𝗱 of the team work and cooperation between BNP Paribas Group and 𝗘𝗜𝗕 Group. The expertise of each part has led the way to an innovative green securitization and brand-new offers for individuals to invest in improving the energy efficiency of their homes.    This is the beginning of a new way of promoting responsible consumption and we're looking forward to deploying more sustainable financing operations in Europe!   All details are available in the full press release ▶ https://lnkd.in/ePSMhB6U #sustainablefinance #greensecuritisation #homeenergy Ambroise Fayolle - Charlotte Dennery - Alessandro Tappi - Alain Papiasse 

Many thanks to VTG and especially Mark Stevenson and your entire team for the great cooperation and your contiunous trust in KfW IPEX-Bank. The improvement & modernization of the #wagon fleet will increase the attractiveness of #rail and helps to shift more #freight to this mode of transport which is important to reduce emissions within the #transportation sector. #mobilityfinance #assetfinance #ipex