MBSB Bank Berhad (“MBSB Bank”) announces a dedicated RM1 billion allocation for solar financing, with RM104 million already in the process of disbursement, reinforcing its role as a catalyst in Malaysia’s renewable energy transformation and in advancing the objectives outlined under the National Energy Transition Roadmap (NETR).
“Our RM1 billion allocation for solar financing is designed to empower SMEs and industry players to invest in renewable energy projects that can accelerate Malaysia’s transition to a low-carbon future,” said Jesleigh Johari, Chief Operating Officer of MBSB Bank.
Under its Sustainable and Transition Finance Framework, MBSB Bank has already mobilised over RM4.7 billion in sustainable and transition financing — nearly halfway to its RM10 billion target by 2026.
Through a dual-financing model with MIDF, MBSB Bank offers SMEs a structured pathway to growth via facilities such as the High Tech and Green Facility (HTG), All Economic Sectors (AES), and Low Carbon Transition Facility (LCTF).
Recently, MBSB Bank reached a major milestone by formalising RM1.3 billion in Islamic Financing Facilities for Cypark Resources Berhad, Malaysia’s leading renewable energy and environmental solutions provider
Jesleigh added, “Beyond financing, transformation happens when industries collaborate and share ideas. Our partnership with MPSEA reflects our shared vision of a resilient, low-carbon Malaysia powered by innovation, purpose, and responsible finance.”
MBSB Bank remains steadfast in its commitment to support the nation’s energy transition, empowering businesses and communities to embrace a future powered by innovation, collaboration, and responsible growth.
