KUALA LUMPUR: AmBank Group and Huawei Technologies Malaysia Sdn Bhd have signed a Memorandum of Understanding (MoU) to propel their sustainability agenda. 

The MoU scope entails both parties working together in support of the introduction of solar energy, green fata centre, electric vehicle charging and energy storage solutions. 

"Through the strategic partnership, AmBank will provide financing and merchant business solutions to all Huawei dealers. 

"They will gain access to the business deposit current account bundle with fixed deposit promo and special interest rates, credit card terminal with exclusive merchant discount rate," AmBank said in a statement.

Huawei dealers will also get access to a dedicated team of AmBank's relationship managers to assist with personalised services and faster loan processing. 

"Besides that, their customers will enjoy attractive pricing upon purchase of selected Huawei products and will be able to do so with a zero per cent easy payment plan of up to 36 months," it added 

The MoU signing was held today in conjuction with AmBank's  International ESG Conference which attracted some 500 participants.

AmBank said the conference underscores its dedication to sustainability and paves the way for responsible banking best practices in the region.

AmBank group chief executive officer Daauk Sulaiman Mohd Tahir said as a constituent of the financial ecosystem, it recognises the crucial role it plays in driving social and economic growth in the communities. 

"Our commitment goes beyond banking services, extending to the empowerment of our communities that foster long-lasting positive change.

"Navigating the path towards sustainability can be arduous, and the conference aims to shed light on the key barriers and critical challenges that we must join hands to overcome," Sulaiman added.

https://www.nst.com.my/business/2023/08/943157/ambank-huawei-drive-sustainability-agenda