UOB Malaysia partners SJPP to provide $219M in green financing to SMEs

UOB Malaysia is partnering Syarikat Jaminan Pembiayaan Perniagaan Malaysia (SJPP), a wholly-owned company of Minister of Finance Inc, to launch the U-Green Financing program, which will support small and medium-sized enterprises (SMEs) in embracing sustainability.

The bank has allocated MYR1 billion ($219.63 million) for this program, and SJPP will be guaranteeing up to 80 percent of…