OCBC BANK INCORPORATES MGTC’S LOW CARBON OPERATING
SYSTEM (LCOS) INTO A TRANSITION FINANCING PLAN FOR
CORPORATE AND SME CUSTOMERS
First bank in the country to work with MGTC on advancing LCOS as part of their net zero journey Kuala Lumpur, 20 February 2023 [NOTE: This is the date of issuance to the media] – OCBC Bank (Malaysia) Berhad (OCBC Bank) has inked an agreement with Malaysian Green Technology and Climate Change Corporation (MGTC) to incorporate its online carbon management platform Low Carbon Operating System (LCOS) into its transition financing plan for corporate and SME customers. With the signing of the agreement, OCBC Bank becomes the first financial institution in the country to formulate specific plans to help businesses decarbonise