Less ESG concerns seen for Hong Leong Bank

Being largely retail focused in the local banking scene, Hong Leong Bank Bhd (HLB) has less environmental, social, and governance (ESG) concerns pertaining to its corporate exposure.

PETALING JAYA: Being largely retail focused in the local banking scene, Hong Leong Bank Bhd (HLB) has less environmental, social, and governance (ESG) concerns pertaining to its corporate exposure.

In separate reports on the bank and its parent company, Hong Leong Financial Group Bhd (HLFG), Maybank Investment Bank Research noted that other financial services such as insurance and investment banking are housed at HLFG and this in a way, helps to reduce overall ESG risk.