OCBC Bank, MFP conclude agreement for RM100m green loan


VAT Manufacturing solar PV installation.

KUALA LUMPUR: OCBC Bank (Malaysia) Bhd (OCBC Bank) and MFP Solar Sdn Bhd have concluded an agreement for the setting up of a RM100mil facility to finance the development of multiple rooftop solar photovoltaic plants.

The Malaysian Rating Corporation (MARC) had earlier performed a green loan assessment on the loan facility and assigned it a "gold" assessment.

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