KUALA LUMPUR: RHB Bank Bhd has increased its 2026 sustainable financial services target to RM50 billion from RM20 billion previously following strong achievements to date.
Group managing director and chief executive officer Mohd Rashid Mohamad said that the group has cumulatively mobilised RM23.8 billion in sustainable financial services by the end of the financial year of 2023 (FY2023), exceeding their initial target of RM20 billion by 2026.
"Of this, RM11.3 billion was directed towards green activities, including renewable energy projects and energy efficiency solutions, contributing towards our goal of achieving net zero by 2050,” he said in a statement today.
...