StanChart executes first green trade finance facility to support sustainable supply chains

Standard Chartered Bank (StanChart) said it has executed its first green trade finance facility to support Amplus Energy Solutions FZE in its solar generation business.

Amplus Energy is a subsidiary of Amplus Solar, which is a member of the Petroliam Nasional Bhd (Petronas) group and a provider of low-carbon energy solutions.

“This facility is a significant milestone towards the implementation of sustainable practices across ecosystems and in building more resilient supply chains,” StanChart said in a statement.

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