Sustainable Financial Services

Sustainable Financial Services (“SFS”) at RHB Banking Group refers to the integration of ESG considerations across all business lines, including lending, financing, capital markets, wealth management, investment, asset management, and insurance to create positive social and environmental impacts while proactively managing associated ESG and climate-related risks. RHB Banking Group is committed to driving growth in SFS by advancing ESG-focused products and solutions to support both businesses and individuals in their transition a low-carbon and sustainable economy.

Key Highlights (2024)

Achieved a 76% three-year compound annual growth rate (“CAGR”) in total sustainable financial services.

Attained 82% progress towards the RM50 billion sustainable finance target by 2026.

Executed Malaysia’s first sustainable use of proceeds (“UOP”) cross-currency repurchase (“repo”) transaction.

Launched Malaysia’s first Low-Carbon Transition Facility (“LCTF”) Portfolio Guarantee, worth RM100 million

Launched a RM1 billion Sustainable Trade Finance Programme/-i (STFP/-i), achieving more than 20% of the RM1 billion target by end-2024.

Key Initiatives

• Empowering Consumers with Sustainable Banking Solutions
  

  At RHB, we make sustainability accessible to all. Through our sustainable banking products, we enable customers to integrate sustainability into their lives. We offer financing solutions like EV and Solar Panels financing, as well as Sustainable Homeownership (among Malaysians). We enable customers to meet their financial needs while contributing to a greener future.

  
  
  
• Enabling Sustainable Growth for Corporate and Commercial Clients
  

  We empower corporate and commercial clients to integrate ESG principles into their operations. We support their adoption of low-carbon and sustainable business practices through sustainable and sustainability-linked financing facilities. This facilitates responsible business practices and drives long-term value.

  
  
  
• Delivering Sustainable Financial Services across ASEAN
  

  Aligned with our Sustainability Strategy and Roadmap, Group International Business drives growth in sustainable financial services across key ASEAN markets. Key initiatives include syndicated sustainability-linked loans, ESG-focused bonds, and SME eco-financing solutions, supporting businesses in their low-carbon transition.

  
  
  
• Promoting Sustainable and Responsible Insurance Solutions
  

  RHB Insurance delivers sustainable insurance products that facilitate the low-carbon transition and advance financial inclusion. This includes the Rahmah Personal Accident Insurance and Fire Insurance with Flood Coverage. Our investment mandate is aligned with ESG principles, and supported by the RHB Insurance ESG Taskforce.