CIMB AND GENTARI INK MOU TO DRIVE GREEN MOBILITY AND VALUE CHAIN DECARBONISATION

KUALA LUMPUR, Dec 23 (Bernama) -- CIMB Group Holdings Berhad (“CIMB” or the “Group”) and clean energy solutions provider Gentari Sdn Bhd (“Gentari”) via Gentari Green Mobility Sdn Bhd have entered into a strategic Memorandum of Understanding (“MoU”) to drive green mobility and value chain decarbonisation across ASEAN. Through this collaboration, CIMB and Gentari will offer a range of value-added services to encourage the adoption of electric vehicles (“EV”) in Malaysia. In addition, CIMB will deliver targeted financing solutions to Gentari’s customers, facilitating their decarbonisation efforts and fostering low carbon practices within the sector, supporting national and regional climate ambitions. 

Gurdip Singh Sidhu, Chief Executive Officer of CIMB Malaysia and CIMB Bank Berhad said, “CIMB is pleased to be partnering with Gentari in driving green mobility solutions and value chain decarbonisation as part of our shared commitment to a just transition in the region. This partnership signifies a major milestone in CIMB’s broader commitment to achieving Net Zero by 2050, while emphasising our dedication to environmental stewardship at all levels, which include empowering individual customers to make greener choices and supporting SMEs in their decarbonisation efforts.”