CIMB launches sustainability-linked loans

Tengku Zafrul: The sustainability-linked loans are a catalyst to urge businesses to embed EES considerations in their strategies.

KUALA LUMPUR: CIMB Bank Bhd and CIMB Islamic Bank Bhd has recently launched its sustainability-linked loans (SLLs) for corporate borrowers, who are keen to enhance their sustainability performance in alignment with any of the 17 sustainable development goals (SDGs).

SLLs are a type of financing instrument and/or contingent facility where the borrower receives financial incentives upon achieving pre-agreed sustainability performance targets (SPTs).