JAPAN’S SUMITOMO CORPORATION VISITS MENARA BPMB TO EXCHANGE BEST PRACTICES ON GREEN FUNDING

On 27 July 2023, Bank Pembangunan Malaysia Berhad (BPMB) warmly welcomed Japan's esteemed Sumitomo Corporation (Sumitomo), a leading Fortune 500 company, to their office. Representatives from Sumitomo were greeted by the team from Client Coverage, Capital Markets as well as Project Finance & Advisory. Both parties gathered to discuss and exchange thoughts on best practices in green funding and potential collaboration on renewable power plant projects.

The purpose of the meeting was to combine expertise, acknowledging the significant potential that arises from leveraging Sumitomo Corp's extensive global experience and BPMB’s profound knowledge of impact capital. This collaborative effort represents a shared commitment to establish a resilient renewable energy ecosystem for the nation.

Throughout the discussion, both organisations expressed their aspirations to instigate change and innovation in the realm of green funding, fostering sustainable renewable energy initiatives.

BPMB recognises that this partnership will drive meaningful progress and create a lasting positive impact in the pursuit of a greener and brighter future.