Bank Islam Opens First Eco-Friendly Branch In Temerloh
Author Avatar
bank islam 1
(Image: The Malaysian Reserve)

Bank Islam has opened its first environmentally friendly branch in Malaysia, located in Temerloh, Pahang. This is in a bid to adopt sustainable practices in the bank’s business operations.

“Our first green branch uses solar energy as a clean renewable energy source, with the installation of solar panels on the roof. In addition, it also uses a rainwater harvesting system to collect and reuse the natural resources to promote efficient use of water,” said the group chief operating officer of Bank Islam, Mohamed Iran Moriff Mohd Shariff.

Additionally, the newly refurbished Temerloh branch – which is actually the 20th branch out of 135 bank branches nationwide – is also equipped with energy-efficient lighting with motion sensing technology.

(Image: The Edge Markets)

“We spent an additional cost of RM50,000 for the installation of panels for this branch, but for the long term, it is expected to save energy between 20% and 30%,” Mohamed Iran elaborated, adding that Bank Islam hopes to open another five more similar branches in 2023.

Mohamed Iran also said that ultimately, this effort echoes Bank Islam’s commitment to sustainability and values under the concept of environmental, social, and governance (ESG) in its business operations.

(Source: The Edge Markets)

0 0 votes
Article Rating

SHARE

Comments (0)

Subscribe
Notify of

0 Comments
Inline Feedbacks
View all comments
Top Bank News Articles
Post Image
Malaysian Banks And Local Institutions Offer Financial Assistance For Customers Affected By Covid-19
Alex Cheong Pui Yin
- 1st April 2020
(Last update: 1 April 2020, 3.40pm to include FAQs by banks.) With Malaysia going into an extended period […]
Post Image
CIMB To Terminate Bonus Point Redemption For Cashback, Remove Credit Card Benefits For DuitNow QR
Alex Cheong Pui Yin
- 11th August 2023
CIMB has announced that effective 1 September 2023, it will be terminating the redemption of Bonus Points for […]
Post Image
CIMB: Touch ‘n Go eWallet Sees Healthy Volumes For Essential Services And Online Transactions
Alex Cheong Pui Yin
- 13th April 2020
CIMB Group Holdings Bhd, which owns Touch’n Go Sdn Bhd (TNGSB), has reported a continuation of healthy volumes […]
Post Image
Operating Hours For CIMB Branches Are Now Back To Normal
Alex Cheong Pui Yin
- 7th January 2021
CIMB has announced that the banking hours for its branches and Preferred Centres across the country have now […]

Related articles

Related Posts Image
Related Posts Image
Related Posts Image
Related Posts Image