WHO WE ARE AND WHAT WE DO BIMB's Corporate Banking Team provides comprehensive financing solutions guided by Shariah principles, which are central to our Value-based Intermediation (VBI) approach in catering to corporates, government agencies, and governmentlinked companies. We offer strong branding and technical expertise, coupled with value-added advisory propositions in structured and project financing, particularly in green technology and the renewable energy sector. We focus on providing fully Shariah-compliant financing products and have robust competencies in both product coverage and service delivery. CREATING STAKEHOLDER VALUE Stakeholder Expectations Value Created in 2022 We provided facilities to our corporate customer to finance the construction of the solar photovoltaic (PV) system at various sites The solar energy generated shall be for the customer’s self-consumption to save on electricity cost and this is part of their Renewable Energy programme which targets to assist our customer to achieve its netzero fossil fuel consumption, carbon neutrality and sustainability goals. We granted project financing facilities to our corporate customers to develop small hydropower system. Apart from providing income diversification to the shareholders of the customers, the projects are aligned with Malaysia’s commitment to increase the installed capacity of renewable energy (excluding large hydro schemes) from 2% in 2018 to 20% by the year 2025 as part of the National Renewable Energy Policy. This commitment is in line with the objective to increase Renewable Energy contribution in the national power generation mix. We provided facilities to our corporate customer to finance the development, construction costs and for working capital related to the design, construct, own, operate and maintenance of Biogas Pond, Biogas Pre-treatment System and Bio-Methane Purification System The customer invests in the generation of Renewable Energy (RE) using waste from its mills – specifically palm oil mill effluents (POME) and palm kernel shells (PKS). By generating more RE, they reduce electricity offtake from the national grid while moderating methane emissions from the bio-waste. Effectively, this contributes to a lower carbon footprint. The objective is for sustainability to be integrated into every aspect of the strategies and business operations of the customer in order to keep enhancing its stakeholder value. They continue to develop their sustainability reporting in line with best practices. Management Discussion & Analysis Bank Islam Malaysia Berhad 85 01 05 03 07 02 06 09 04 08
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