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MUFG closes $50m Islamic green trade finance facility for Sime Darby Motors
17 Aug 2023 | Thursday Source: Asian Banking & Finance
MUFG Bank (Malaysia), a subsidiary of Japan’s Mitsubishi UFJ Financial Group (MUFG), has completed its first Islamic Green Trade Finance facility for Sime Darby Motors.
The transaction is part of a US$50m Islamic facility, consisting of two US$25m tranches.
