KUALA LUMPUR: Malayan Banking Bhd (Maybank) has formulated its own Sustainable Product Framework (SPF) - the first ever by a Malaysian bank - to enable greater development of green, social and sustainable products.
In a statement today, Maybank said the framework, which will support its commitment of ‘Mobilising RM50 billion in Sustainable Finance by 2025’, will be implemented across the group’s Islamic and conventional products effective Sept 1, 2022.